Australian Dollar 10/20 day SMA Bearish Crossover

The AUDUSD has come under the 20 day SMA and broken below last week?s low (as well as the .8200 figure) and a bearish 10/20 day SMA cross is taking place today.

Former support from the 5/2 low at .8218 is now resistance. The next potential support level is the 38.2% of .7678-.8390 at .8118. .8103 is the 161.8% extension of .8390-.8233 / .8357.