Overview of AUD/USD

After the strengthening of AUD/USD, sellers have intensified. But their activity is reduced by the weakening in prices. This may due to the fact, that the pair is approaching important 0.7660 support level, which is a "mirror-level" on a large time period. The significance of this level of support is difficult to identify. Given all this, for the continuation of the downward movement, sellers need a fairly powerful driver of growth of the US dollar.
In fact, the absence of a driver is another reason for the decline in sellers activity. As we can see, the technical factor (strong support) and the fundamental (no fundamental reasons for the substantial strengthening of the US dollar) does not allow to count on a decrease in quotations of the pair.
Friday's weak US data, which is negative for the US dollar, should be positive for the pair.
A break of 0.7690 resistance could lead to another wave of strengthening for the pair, while the breakdown of 0.7625 support could be the first signal of the ability of sellers to continue to decline further to the base figure.