Bulls need to get over 0.7700, or else ... - BBH

Analysts at Brown Brothers Harriman explained that the Australian dollar posted an outside down day on September 29 after briefly poking through the $0.7700 cap.  

Key Quotes:

"Follow through selling on September 30 to $0.7590 before rebounding smartly.   The challenge in the coming sessions is for the Aussie to establish a foothold above the $0.7700 nemesis.   The RBA meeting on October 3, which is the first that Governor Lowe will preside.  While rates are on hold, Lowe might express some frustration with the Aussie's strength.  The failure to do so would likely embolden the bulls."