These days, the trend in currency depends on equity market...

These days, the trend in currency depends on equity market performance, rather than fundmental factors in currency.

As far as i'm concerned, US market is overdue for sharp correction so is Aussie.

If Aussie breaks 75 cents downard, and 75 cents becomes resistance, Aussie will rapidly collapse to 72.50 first and 70cents level. Right now it all depends on US market.

I'm still short at 74.50 and 76.00.