AUD\/USD rebounded to 0.6938, after it had been expected to drift lower. The rebound lacked momentum.<\/p>\n
In the near term, the pair is expected to trade in a 0.6890 to 0.6940 range. Over the next one to three weeks, it is seen moving within a wider 0.6835 to 0.6955 band.<\/p>\n
The broader technical view indicates downward pressure remains. A break below the 0.6850 to 0.6870 support area could open a move towards 0.6765.<\/p>\n
The article was produced using an artificial intelligence tool and reviewed by an editor.<\/p>\n
We see the recent bounce in the Australian dollar as a short-term move that is already losing steam. The pair is most likely to trade sideways in a narrow band between 0.6890 and 0.6940 in the immediate future. This suggests that options strategies designed to profit from low volatility could be appropriate for now.<\/p>\n
The broader outlook for the next one to three weeks remains tilted to the downside, with a potential trading range of 0.6835 to 0.6955. This bearish view is reinforced by fundamental factors, including recent data showing iron ore prices have fallen below $100 per tonne and a growing policy gap between the US Federal Reserve and the Reserve Bank of Australia. The US jobs report from last Friday showed a resilient labor market, suggesting the Fed has little reason to cut interest rates soon.<\/p>\n
The most important signal for traders will be a clear break below the support area of 0.6850\/0.6870. Should this level fail to hold, it would likely trigger a sharper decline, presenting an opportunity to buy put options or initiate short positions with a target of 0.6765. Looking back at similar price action throughout 2025, we saw that rallies often faded, indicating underlying weakness in the currency pair.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" AUD\/USD rebounded to 0.6938 but lacks momentum; near-term ranges 0.6890\u20130.6940, downside risks persist.<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-46810","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/46810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=46810"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/46810\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=46810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=46810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=46810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}