AUD/USD
Analysis from Aug 14, 2026, 8:31 PM
Break above 0.7130 (2025 swing high) opens 0.7200; failure there keeps 0.6950 200-day MA in play as downside magnet.
Holds 0.7100 with EUR/USD +0.4% and gold at $4,372 — broad USD weakness underpins AUD rally.
Main Risk
China demand slowdown
Weakening Chinese PMI cuts iron ore demand — AUD/USD loses key commodity-income support near 0.6950.
Price Ladder
Scenarios
🐻 USD Rebound Crushes Recovery
USD strength + China slowdown push AUD back to 0.6750 Fibonacci zone.
🐂 AUD Extends to 0.7350
USD retreat and commodity tailwind propel AUD to 2024 range high at 0.7350.
Macro Drivers
Key Dates & TradingBrief View
Cautiously Bullish — Hold long above 0.7050; add on confirmed break above 0.7130, target 0.7200 then 0.7350.
Broad USD weakness and gold at $4,372 support AUD. 0.7130 breakout is the key trigger; China risk caps conviction.