The Australian and New Zealand dollars traded sideways on Thursday, with markets globally pausing ahead of the release of the US nonfarm payrolls report.
The commodity currencies have been under sustained pressure from a broad-based rally in the US dollar, leaving them vulnerable to further downside if the upcoming labor data supports a hawkish stance from the Federal Reserve.
6866 support level would expose the currency to a test of its March trough at $0.
Technical levels are now in focus for the Australian dollar, which has slid to fresh three-month lows.
A break below the $0.6866 support level would expose the currency to a test of its March trough at $0.6834.
The Aussie fell 0.4% to $0.6892 on Wednesday, continuing a downward trend that saw it drop 0.3% to $0.6867 the previous day.
The New Zealand dollar has mirrored this weakness, caught in the same countdown to the US jobs test.