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[BUSINESS] · Australia, United States · 2 sources

AUD/USD Technical Outlook Shows Continued Downside Risk

Technical analysis from ActionForex indicates that the AUD/USD pair remains under downside pressure. Resistance at 0.7026 is holding, and a retest of the recent low near 0.6864 is expected. A firm break below 0.6864 could resume the broader decline toward 0.6771, with deeper support around 0.6756.

A separate report from CFI notes that the pair is testing rising trendline support around 0.6950‑0.6960 after losing momentum near the 0.7000‑0.7010 zone. Bollinger Bands are flattening, suggesting reduced volatility, while the RSI has slipped to about 45, below the neutral 50 level. The psychological 0.7000 barrier continues to act as a key resistance point.

Entities: AUD/USD · ActionForex · Australian dollar · CFI · U.S. dollar