0.8335 down to 0.8270, up to 0.8370…It’s a traveshamocery!

[youtube width="330" height="300"]http://www.youtube.com/watch?v=jzes12YwaTA[/youtube]

Traders say China sold AUD/USD at the 0.8368 level, essentially defining the days range after buying earlier today at 0.8180.

Most importantly, AUD/USD has taken out resistance in the 0.8330 area, suggesting a bottom has been put in for the recent pullback.