• AUD/USD was down over 2% on the day, but has recovered from session lows at 0.7579 to currently trade around 0.7618 levels.
   
• Heightened prospects of Trump victory triggered a wave of risk aversion across markets weighing on Aussie and other risk currencies.
   
• The pair has managed to hold 100-DMA support at 0.7587, weakness only on close below.
   
• Break below 100-DMA could see further drag, test of 200-DMA then likely.
   
• On the flipside, close above 20-DMA could see retrace to trendline at 0.7770.
   
• Major support levels - 0.7587 (100-DMA), 0.7565 (trendline), 0.7534 (Sept 21 & Oct 12 low), 0.75 (200-DMA)
   
• Major resistance levels - 0.7644 (20-DMA), 0.7688, 0.77 (Oct 26 high)