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AUD/USD falls to test daily lows around 0.8715

FXStreet (San Francisco) - After a shy bounce from 0.8715 to 0.8750, the AUD/USD found new selling interest around this level and now it is trading back to daily lows.

Currently, AUD/USD is trading at 0.8726, down 0.52% on the day, having posted a daily high at 0.8815 and low at 0.8717. The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.

AUD/USD levels

If the pair extends declines below 0.8715, immediate supports are at 0.8700, 0.8651 (Oct 13 low) and 0.8642 (Oct 3 low). On the upside, resistances are seen at 0.8750, 0.8810 and 0.8850 (Oct 8 high).

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