The Aussie dollar came under increased pressure, following double-failure at 0.9220/32, where a double-top has been formed. Subsequent pullback that broke below near-term base at 0.9060 zone, retraced over 50% of 0.8846/0.9232 upleg, with further weakness seen likely, as near-term studies remain negative.
With 0.9100 barrier capping, fresh extension below 0.9100, round figure support and near Fibonacci 61.8% retracement. Would look for test of interim supports at 0.8918/00, en-route towards key near-term support at 0.8846, August 8th low. Alternative scenario requires regain of minimum 0.9130/50, Fibonacci 50% / 61.8% of 0.9232/0.9026 descend, to avert immediate downside risk.
Resistance: 0.9057; 0.9100; 0.9131; 0.9200
Support: 0.9017; 0.9000; 0.8971; 0.8918