FX : AUD/USD: Aussie turned down at 0.8305 and dropped to 0.8190 support
FXstret.com (Barcelona) - Australian Dollar rally from Monday's low at 0.8155 reached its highest price at 0.8305 during Wednesday's Asian session, and the pair turned down giving away more then 100 pips to test support area at 0.8190 support area.
According to Liviu Flesar, technical analyst at InnerFX, the pair has been pushed down by resistance area at 0.8320: "The Aussie confronts some trouble approaching the .8320 barrier and switched direction at .8305, initiating the current downward move which could be corrective."
In case og breaking below 0.8190, next support levels lie at 0.8175 (Aug 12 low), and then intra-week low at 0.8155. Resistance levels lie at 0.8270, and above here, 0.8320 and 0.8400.
