AUDUSD Technical and Fundamental Analysis: Watch the Key 0.7000 Support Amid Hormuz Strait Risks
Over the past three trading days, AUDUSD has experienced significant volatility, closing yesterday at 0.69935, down about 1.3% from the previous day. Geopolitical tensions in the Strait of Hormuz have triggered risk aversion, boosting the US dollar and breaking AUD/USD’s six-week winning streak. Despite this, a hawkish RBA stance and resilient domestic economic data have supported the Australian dollar, helping it maintain relative strength amid pressure. This dual influence reflects investor se

















