AUD/USD chart - Trading View
AUD/USD slipped lower after 2 straight sessions of gains, bias remains bullish.
The pair was trading 0.49% lower on the day at 0.6137 at around 04:50 GMT, after closing 1.32% higher in the previous session.
The antipodean came under pressure after S&P cut Australian credit outlook to negative.
The shift in risk-tone adds burden onto the Aussie pair. Fresh figures from the US, Spain and the UK renewed fears of the deadly disease on late-Tuesday.
Major trend in the pair is bearish. Price action hovers around 21-EMA. Failure to break above could see downside resumption.
The pandemic headlines and FOMC minutes will be important. Minutes from the unscheduled FOMC meeting on 15 March could provide fresh impetus.
Major Support Levels - 0.6088 (5-DMA), 0.6031 (20-DMA)
Major Resistance Levels - 0.62, 0.6276 (50% Fib)


2025 Market Outlook: Key January Events to Watch
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Geopolitical Shocks That Could Reshape Financial Markets in 2025
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
FxWirePro: USD/CNY hits one –month high, scope for further upside
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Fed-ECB Policy Chasm Sends EURUSD Tumbling to 1.1375; Bearish Momentum Builds Toward 1.1300
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3350level
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6500 



