FXStreet reports that FX Strategists at UOB Group said that a breakdown of 0.7330 would indicate that the positive phase in AUD/USD could be over.

Next 1-3 weeks: “We highlighted yesterday that a break of 0.7413 would shift the focus to 0.7455. However, AUD retreated quickly from high of 0.7408. Upward momentum has been dented and a break of 0.7330 (no change in ‘strong support’ level) would indicate that the positive phase that started in mid-November has run its course. Barring a sudden surge above 0.7413 within these 1 to 2 days, a break of 0.7330 would not be surprising.”