💱AUD Rebounds, Spot Trades Above 0.7750

• This week the Australian dollar had its worst day since late March

• AUD rebounds from intra-week lows where it tested the 100DMA and traded below 0.77 to 0.7675

• On Tuesday a note from TD Securities:

• Aussie’s price action suggests market sentiment may be turning more bearish, TD strategists wrote in a report Tuesday; a close below 0.77 would “signal scope for greater downside potential” and could open up a test of the 0.7535 - 0.7565 range