AUDUSD - Possible retracement/reversal to hourly 50 MA Australian Dollar / U.S. DollarFOREXCOM:AUDUSDfugutraderAUDUSD is making 5 week lows and is due for a retracement or possible reversal in a downtrend to a major Moving Average. Despite news of lowered interest rates reducing it's appeal, the market has likely already discounted it's lack of appeal into the recent decline. Await confirmation of break of recent trendline as, given it's poor performance it could fall on lack of confidence to a major previous support level.