The aussie has that familiar feeling again

AUD/USD starts to slip back below 0.7700

The dollar is retracing some gains across the board, and that has seen the aussie slip back to old habits - falling below the 0.7700 handle.

I've highlighted earlier in the day here that the pair needs to hold above if a break to the upside is to be sustained, but if the dollar manages to hold up until the end of the day then that familiar range of 0.7650 to 0.7700 will resurface again.