AUD/USD retesting lows as GS cuts commodities index fcast

FXStreet (Bali) - The Australian Dollar has come under selling pressure once again against the US Dollar, with headlines that Goldman Sachs has cut its commodities index forecast over the next 12 months weighing.

The Australian Dollar trades at 0.7810 now, matching Friday's lowest level, with the next target for bears at 0.78, ahead of a possible acceleration towards 0.7750 and 0.77 psychological zones.