You can now figure out a at peaks of 81.896 and a while greater period moving average crossing over shorter term moving average on intraday chart that the circled area served as the strong supply zones this time for AUD side, it has acted as a strong at the same juncture couple of times in the recent past as well.
More importantly, selling momentum is intensifying as the leading oscillators like and slow curves show convergence with the previous downswings; we believe this as bears are getting highly active.
is currently trending at around 39.1679 (while articulating) that has been showing downward convergence to the price dips.
In addition to that on curve it has reached oversold zone and showing %D crossover which means bulls in previous rallies have been exhausted and selling momentum is intensifying in overbought territory.
We could foresee the next crucial support is only at around 79.645 regions, if it does not manage to hold this level it may even drag up to all time lows again.