The sections below testify to the recent weakness in the Australian Dollar. The US Dollar does not feature, though its chart pattern versus the Aussie is worth highlighting all the same.
Since last July, the Australian unit had been trapped within the confines of a broad trading band, between approximately US$1.06-1.02. Early this month, firm resistance was encountered mid-range; near both the 50 and 200-day moving averages, and the A$ went on to fall out of that trading area, leaving a huge base in place. A short trade was opened following that event, though, evidently profits were booked too early near parity.
Now, the Aussie is racing towards the 2012 floor near US$0.96. This is in spite of the oversold RSI indicator. One would expect some respite in that region. Should it ultimately yield, the next chart support is around US$0.94; the 2011 platform.