AUD/USD is weakening in the short-term. Hourly resistance is given at 0.8164 (14/05/2017 high). Hourly support given at 0.7908 (22/09/2017 low) has been broken. Expected to show continued weakness.
In the long-term, the trend is turning positive. Key supports stands at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view.
