Will the AUD/USD reach the 0.9200 support level?

The Aussie continues losing ground versus the Greenback and it has accelerated its drop after breaking the 0.9300 level to the downside. We are waiting to see if the bearish momentum is strong enough to take the pair all the way to the 0.9200 level. But we must keep in mind that before reaching the 0.9200 level, the pair will have to deal with the 200 Day Exponential Moving Average, around the 0.9222 level as shown by the blue line on the chart below, courtesy of the Forex Broker Activtrades http://www.activtrades.co.uk/. 

We can also see on the chart that the 200 EMA has been a good support level in the past where the price formed a Hammer Candlestick Formation, indicating a bullish reversal trend that actually worked pretty well. Therefore, we are waiting to see if the price bounces again from the 200 EMA like it did in the past or if it goes to the 0.9200 level.