AUD/USD struggling to keep the 0.77 major handle

• The Aussie is trying to reclaim lost ground from Tuesday's sell-off, but bearish pressure remains high.
• A data light week is keeping market sentiment firmly in control.

The AUD/USD is lifting in the Asia session, trading into the 0.7690 handle but facing some resistance ahead of the European markets.

It's a light week for the macro calendar outside of GDP figures for the US at 12:30 GMT later today, but growth has been fairly priced into the Greenback, and anything outside of a big miss or beat will drive much action, especially since these are annualized numbers and not preliminary figures.

The overall market theme this week ahead of Easter weekend has been market sentiment, and wobbling risk appetite pummeled the Aussie yesterday and the AUD is struggling to recover, lifting back to the 0.7700 handle but facing selling pressure.

AUD/USD Levels to watch

The action is leaning heavily bearish in the AUD/USD charts, and immediate support is thin at today's low of 0.7675 and relatively little standing in the way until last December's low at the 0.7500 major level, while resistance piles in at last week's high of 0.7780 and March's high of 0.7915.