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Australian Dollar Technical Outlook: AUD/USD Hits a Make or Break Wall

AUD/USD is trading into pivotal resistance at the upper bounds of a multi-month downtrend. Aussie battle lines drawn.

Michael Boutros
Michael Boutros

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Australian Dollar Technical Outlook: AUD/USD Hits a Make or Break Wall 7 16 2026

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

Australian dollar rallies toward major resistance as RBA rate hike odds swing sharply and the US Dollar Index continues to weaken. Michael Boutros, Senior Market Analyst at FOREX.com, breaks down the key levels driving the move and what traders are watching next.

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.

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