AUD/USD faces strong resistance - Commerzbank

FXStreet (Guatemala) - Karen Jones, chief analyst at Commerzbank noted current support and eye's strong resistance in the Aussie up ahead.

Key Quotes:

"AUD/USD took quite a pounding yesterday and has headed back to the 20 day ma at 0.8132, which is currently holding on a closing basis".

"Currently the market still remains still upside corrective near term, but rallies are expected to struggle to overcome the 0.8307 downtrend".