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AUD/USD

Bullish

Archived analysis from Aug 11, 2026, 3:40 AM

Break above 61.8% Fib 0.7114 opens 78.6% Fib at 0.7182; failure below 0.7053 invalidates rally.

Holds above 100-day SMA (0.7053); RBA hawkish hold at 4.35% and fading Fed hike bets lift AUD.

Main Risk

Middle East geopolitical escalation

Renewed Hormuz tensions lift oil and USD, pulling AUD back from seven-week highs near 0.7088.

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