The AUDUSD is currently trading below the 100-day moving average at 0.63489. After briefly exceeding this level for the first time since October 2024, the price failed to reach 2025’s high of 0.6408 and fell back.
Yesterday, the price dipped below the 100-day moving average but rebounded, only to decline once more today. The sellers took over, pushing prices lower.
Key Support Levels
A swing area between 0.6326 and 0.6336 is the next target, with the low reaching 0.6321. The 200-hour moving average at 0.6317 appears to be providing support.
According to the hourly chart, the 100-hour moving average is at 0.6336, positioning the price between the 200-hour and 100-hour moving averages. Traders are monitoring these levels for potential market direction.
If the price rises above the 100-hour moving average, the target will shift to the 100-day moving average at 0.6349. Conversely, moving below could bring the focus to the 100/200 bar moving average on the four-hour chart at 0.6298.
The Australian dollar remains under pressure, with its value slipping beneath its 100-day moving average. That level, standing at 0.63489, had briefly been overtaken, but buyers failed to build on the momentum and sustain any meaningful push higher. The peak for this year, resting at 0.6408, remains untouched. Instead, what followed was a fresh wave of selling.
Ongoing weakness has seen yesterday’s brief attempt to reclaim ground quickly fade. Price action initially dipped below the 100-day moving average, only to rebound before sliding once again today. Momentum has swung in favour of sellers, keeping downward movement intact. With the pair unable to hold above that technical marker, attention is now turning lower.
A key area between 0.6326 and 0.6336 is now in play. Already, the pair has touched a session low at 0.6321. Beneath that, the 200-hour moving average holds firm at 0.6317, providing an additional layer of support. If pressure continues, it will be this level that determines whether further declines unfold.
Considering shorter-term charts, the 100-hour moving average stands at 0.6336, meaning the price is now caught between two key indicators—the 100-hour and 200-hour moving averages. The market is watching these technical markers closely, as whichever side gives way first is likely to dictate the next leg of movement.
Market Outlook
A break above the 100-hour moving average would shift focus toward the 100-day moving average at 0.6349 once again. Should buyers regain control and push beyond it, further upside could come into view. If the opposite occurs and price slides below current support, attention will turn towards the next technical area—namely, the combined 100-bar and 200-bar moving averages on the four-hour chart, resting at 0.6298.
Given recent developments, traders should assess price behaviour around key thresholds. The response at these defining levels will shape the next steps and determine whether the current downward momentum persists or if buyers can reassert themselves and keep prices afloat.
