AUD/USD has come under extreme pressure following the multiple terror attacks in Brussels, sending the pair all the way down to 0.7550 mid round number, setting its lowest since March 17th, although a vigorous rebound is currently underway, last at 0.7570/75. Aussie hit by 'risk off' flows The one-way traffic for the Australian Dollar comes as the intrinsic value for the Aussie gets revised lower amid risk aversion, which has taken its toll on commodities (copper, iron ore, etc), while injecting a strong impulse to the US Dollar. In the big picture, however, the market remains in a constructive uptrend, suggesting that at present levels, some short term bargain hunters may start to emerge. AUD/USD key levels Looking at the levels for the day, a clear rejection off 0.7575 line of support may lead to sellers being caught on the wrong side and probably bailing out for a potential test of 0.76 round number. Should selling resume following the current rebound, 0.7550 is the next target, which if broken, may expose deeper bear targets towards 0.7350 (S2 level) followed by 0.75. For more information, read our latest forex news.