AUDUSD: Key Support Tested After Breaking Below 200-Day EMA, Trading Outlook Revealed, June 29, 2026
Over the past three trading days, AUDUSD has exhibited significant volatility, notably plunging to an 11-week low of 0.6899 following the Australian CPI release. The pair closed yesterday at 0.68854, extending its downward momentum. Recent market news points to the Reserve Bank of Australia’s expected rate hold, while risk-off sentiment globally has propelled the US dollar higher, pressuring the Australian dollar. For the average investor, this week’s price swings are driven by inflation data an
















