Feels like this is a response to month and quarter-end more than anything as AUD/USD falls like shares of Blackberry. It’s a technical break of the cycle low but I’m skeptical about selling unless it becomes clear that we will get a close below 0.9148.
![AUDUSD daily chart](http://az705044.vo.msecnd.net/20130628/AUDUSD-daily-chart3.png)