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AUD/USD - Challenging its Strong Support at 0.8660

AUD/USD continues its steep decline and is now close to its strong support at 0.8660. Hourly resistances can be found at 0.8826 (intraday high) and 0.8927 (23/09/2014 high).

In the long-term, the underlying trend is negative. Monitor the test of the strong support at 0.8660 (24/01/2014 low). Another strong support lies at 0.8067 (25/05/2010 low).

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