•AUD/USD moved down Thursdays after Governor Phillip Lowe suggested that the RBA could be far from considering any monetary policy tightening.
•The pair closed below 0.7947 [H4 200 SMA] and 7943 [50 DMA] and is trading around 0.7944.
• AUD/USD also broke the ascending trend line connecting 0.7806 & 0.7870 lows.
Support levels - 0.7900, 0.7865, 0.7830 & 0.7785
Resistance levels - 0.7950, 0.8000, 0.8035
Recommendation: Further down side is expecting. Sell around 0.7985 - 0.8000, SL: 0.8040 and TP at 0.7950, 0.7900 & 0.7865