Australian Dollar Technical Outlook: AUD/USD Breakdown Threatens Deeper Correction
AUD/USD remains under pressure after breaking key trend support, with the latest decline putting the focus on the next major downside pivot.
Written by
Michael Boutros
Sr. Technical Strategist
Australian Dollar Technical Outlook: AUD/USD Multi-Timeframe Analysis
Australian dollar technical analysis shows a third weekly drop after a Fibonacci resistance stall and a Fed-driven break of the June uptrend. Michael Boutros, StoneX Media Senior Market Analyst, walks through the Australian dollar across the weekly, daily and four-hour charts. The Federal Reserve decision fueled the drop that broke the AUD/USD uptrend in place since June, while daily RSI momentum sits at its lowest level since July. The video maps the Fibonacci confluence behind the reversal and the 200-day moving average. Event risk comes from the Australian employment report and trade talks on tariffs, rare earths and AI.
This content was created by an affiliate of StoneX Trading and represents the views and opinions of the author/speakers, not the views and opinions of StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by StoneX Trading
Key AUD/USD Economic Data Releases
--- Written by Michael Boutros, Senior Technical Strategist
Follow Michael on X @MBForex
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