17 Mar 2026
AUD/USD Technical Analysis – Mild Bullish Momentum Holds Above 0.7060
Market Overview:
AUD/USD is trading around 0.7085, maintaining a mild bullish bias as price continues to hold above the rising 20-day EMA near 0.7060. This level has acted as a strong dynamic support, with price repeatedly bouncing from it, confirming the short-term uptrend.
Technical Indicators:
20-day EMA: Acting as key support, sustaining bullish structure
RSI (14-day): Moving within 40–60 range, indicating balanced momentum
Trend strength has cooled slightly but upside potential remains intact
Key Levels to Watch:
Resistance:
0.7100 (psychological level)
0.7120 – 0.7150 (strong resistance zone)
0.7200+ (next bullish target)
0.7300 (extended upside target)
Support:
0.6944 (March 3 low)
0.6900 (February 6 low)
0.6770 – 0.6800 (deep correction zone)
Market Sentiment & Analysis:
AUD/USD remains in a controlled bullish trend, but momentum has slightly cooled. A confirmed break above 0.7120–0.7150 could trigger a strong bullish continuation. However, a drop below 0.6900 would shift the bias toward a deeper correction.
Trading Insights:
Traders should focus on buy opportunities near support while monitoring resistance breakouts. With our VIP Forex Signals, you get accurate entries, take profits, and risk control strategies to maximize every move.
Call-to-Action (CTA):
“Don’t miss AUD/USD opportunities! Join our VIP Forex Signals for real-time alerts, precise entries, and consistent profit strategies.”
Click Here to Join
Click Here to Join
Latest Posts