Forex: AUD/USD falls to fresh lows

After being rejected once again by the 1.0375 resistance area, the Aussie came under pressure, and slid to fresh daily lows versus the greenback ahead of the NY opening, weighed by broad risk aversion and RBA official's comments.

AUD/USD printed a low of 1.0330 in recent dealings, but remains within its weekly range. At time of writing, AUD/USD is trading around 1.0335, where it records a 0.2% loss on Friday.

As for technical levels, if the AUD falls below 1.0330, next supports are seen at 1.0315 (100-hour SMA) and 1.0300 (psychological level), while on the other hand resistances could be found at 1.0375 (intraday high/200-day SMA), 1.0400 (psychological level/Feb 4 high) and 1.0455 (Feb 5 high).