By Mohammed Isah of fxtechstrategy.comNEW YORK ( TheStreet) -- AUD-USD: The Australian dollar-dollar currency pair reversed its intraday losses and strengthened Tuesday, and that means it could move toward resuming its nearer-term upward trend that was started at the 0.8065 level. A resumption of that trend will require the pair to clear 0.8789 (being challenged) and 0.8858, its June 21 high. If it does, it could then target the psychological level at 0.9000 and even move higher. On the downside, support lies at the 0.8500/65 zone. A breach of that area would allow the pair to target 0.8314, its July 1 low, and then 0.8274, its June 10 low, followed by 0.8065, its 2010 low. If tested, we expect this last level to provide strong support and turn the pair higher. Overall, we expect the pair to return above the 0.8789 and the 0.8858 levels.