Australian Dollar Technical Outlook: AUD/USD Reversal Puts the Uptrend to the Test

feature image

Australian Dollar Technical Outlook: AUD/USD Multi-Timeframe Analysis

The Australian dollar reversed off a multi-year resistance zone after an eight-week advance, leaving U.S. jobs data to set the next move. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily and four-hour charts and explains where the uptrend stays intact and what would signal it is breaking. He also maps the event risk driving the pair, starting with Australian second quarter GDP and running through the ADP private sector employment report and Friday's nonfarm payrolls. Federal Reserve rate expectations swung sharply after the Jackson Hole Economic Symposium, and the employment data can reset them again.

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

Whitepaper

Key AUD/USD Economic Data Releases

image-20260901104453-2

Economic Calendar - latest economic developments and upcoming event risk.

Active Short-term Technical Charts

--- Written by Michael Boutros, Senior Technical Strategist

Follow Michael on Twitter @MBForex

 

Open an account in minutes

Experience award-winning platforms with fast and secure execution.

Sign up for our interactive livestreams

Our interactive livestreams, led by our industry experts, come highly recommended and can help provide your trading with the edge it needs.
Economic Calendar