AUD/USD Breaks Lower as Australia CPI Seals Case for Extended RBA Hold. Is 0.6750 Next?
Source: Action Forex - https://www.actionforex.com/action-insight/market-overview/648768-aud-usd-breaks-lower-as-australia-cpi-seals-case-for-extended-rba-hold-is-0-6750-next/
Published: Jul 29, 2026 12:14 AM
TL;DR: Australia's soft CPI print has pushed all four major banks into agreement that the RBA's tightening cycle is over for now, driving AUD/USD below its rising channel with 0.6750 emerging as the next major support cluster.
Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.
Medium Impact
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