AUD/USD is weakening further. Support at 0.7957 (23/01/2018) is now broken. Further support stands at 0.7848 (12/01/2018 low). The technical structure suggests further short-term decrease.
In the long-term, the trend is turning positive. Key support 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.