Price Movement Since yesterday, AUD/USD moved down by around 50pips.
Trend Recently, AUD/USD is trending downwards.
Important Issue Westpac Banking Corp brought forward the timing of their forecast of the next RBA’s rate cut from November to October, saying that the unemployment forecast is going to challenge the RBA.
Technical AUD/USD broke the support level of 0.70250.
Price Levels Current Price: 0.69799 Next Resistance: 0.70250 Next Support: 0.68500