• AUD/USD was pinned near 1-1/2 month lows on Wednesday as the market waited for clues on the timing of interest rate rises in the United States.
   
• Investors remained cautious ahead economic data in Australia and United states with employment change, retail sales, producer price, and Fed manufacturing index due for release on Friday.
   
• Currently, the currency pair is trading around 0.7183 levels, it is set to decline further towards 0.7140 and later towards 0.7100 levels in the short term.
   
• Strong support can be seen at 0.7143, a break below this level will expose the pair towards next support level located at 0.7080.
   
• Major resistance can be seen at 0.7242, a break above this level will open the gates towards 0.7300 levels.
  
  Resistance Levels
  
  R1: 0.7477 (50% Retracement Level)
  
  R2: 0.7540 (61.8% Retracement Level)
  
  R3: 0.7571 (September 13th high)
  
  Support Levels
  
  S1: 0.7413 (38.2 % Retracement Level)
  
  S2: 0.7370 (June 30th lows)
  
  S3: 0.7330 (23.6 % Retracement Level)