AUDUSD holds bullish structure

前天

AUDUSD is currently trading around 0.6576, maintaining a clear uptrend with higher lows and strong respect for the ascending trendline. A consolidation pattern is forming just below the key resistance zone at 0.6600–0.6617, suggesting a potential breakout if price stays above the support at 0.6546.

On the news front, the Australian dollar is supported by expectations that the RBA will keep interest rates high, while the USD is under slight pressure following weaker U.S. job data this week. Additionally, improving consumer data from China – Australia’s major trading partner – is further boosting AUD sentiment.

If the price breaks above 0.6617, AUDUSD could extend its rally into next week. Buyers are in control – have you planned your entry yet?

20 小時前

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