Australian Dollar Technical Analysis: AUD/USD Bulls Go for the Break
Michael Boutros, Senior Market Analyst at StoneX, breaks down the Australian dollar breakout as AUD/USD pushes through multi-week resistance toward a critical technical zone. He outlines the key levels driving the move, including near term resistance at 7295–7308 and support at 7214–7208, while explaining what traders need to see to validate further upside. With central bank events largely priced in, focus now shifts to U.S. data risks and technical confirmation.
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Key AUD/USD Economic Data Releases

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--- Written by Michael Boutros, Senior Technical Strategist
Follow Michael on X @MBForex