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AUD/USD erased gains and fell below 0.8170

FXStreet (Córdoba) - AUD/USD weakened and reversed the daily trend falling 40 pips during the last three hours. The pair failed to hold above 0.8200 and dropped to 0.8168, reaching a fresh daily low.

The aussie failed to hold to gains after trading at 2-week highs while the US dollar gained momentum across the board, hitting fresh highs after Wall Street opening bell.

AUD/USD technical levels

To the downside, support levels might lie at 0.8155 and below at 0.8120 (Dec 30 low) while to the upside resistance could be located at 0.8190, 0.8215 (daily high) and 0.8255.