FXstreet.com (Barcelona) - AUD/USD has broken nearly 100 pips on early European trading session droping below resistance level at 0.6500, the Aussie is not oversold yet and momentum si bearisn in the hourly chart.

Below 0.6500, the AUD/USD could advance towards 1.6415 and 1.6350. On teh upper side, nextrt resistance levels remain at 1.6600, 1.6670 and 1.6830/40, Feb 9 and Jan 19 high.