币界网报道：The escalation of the Iran-Israel conflict – and the United States’ involvement in it over the weekend – has triggered classic risk aversion. With US Treasuries in demand, high-beta FX have borne the brunt of the pain. AUDUSD (Australian Dollar to US Dollar) opened with a down gap and has never recovered, extending the technical damage from late Friday. AUDUSD is one of the more volatile pairs against the greenback. Prices are down -1.01% on the day. Late last week, the pair broke below its 200-day moving average (0.64616) on the 4-hour chart and an uptrend line drawn from the May lows. Monday’s gap accelerated the downside, sending spot prices below the recent swing bottom at 0.6407; the level now marks short risk in the short term. Prices are approaching the May swing bottom at 0.63572 as sellers take the lead. A decisive break above this level would expose the 38.2 % retracement of the April-June rally at 0.63084. Failure to find support here would trigger a deeper correction towards the 0.6233/50 % midpoint area. Post-breakout, the path of least resistance remains to the downside. Traders will be eyeing the 0.64072 level, a shorter-term upside target that needs to be breached and held to provide additional assistance to buyers. Key Levels Resistance 1: 0.6407 (previous swing bottom/gap top) Resistance 2: 0.64616 (4-hour 200-day moving average) Support 1: 0.63572 (May swing low) Support 2: 0.63084 (38.2 % of the April-June rally) Support 3: 0.6233 (50 % retracement and previous congestion area)