Another drop on the AUD/USD

The Australian Dollar has come back to the 0.8100 level versus the US Dollar, but we can clearly see that the level has been a very good support for this currency pair. The price may try to stall at this zone or even try to bounce to the upside. But we must keep in mind that as he price keeps testing the same support over and over, the chances of a breakout to the downside are higher. Therefore, we must be vigilant to a possible breakdown, which could take the price all the way to the 0.8000 level.