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Bullish
AUD/USD
Archived 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.
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