AUD/USD Price Forecast: Bearish bias persists below 0.7000

Published Jul 02, 2026 2:28 PM Last refreshed Jul 29, 2026 9:54 AM Source: EODHD Event Time: Jul 02, 2026 2:28 PM

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AUD/USD Price Forecast: Bearish bias persists below 0.7000

Source: EODHD - https://www.fxstreet.com/news/aud-usd-price-forecast-bearish-bias-persists-below-07000-202607021828
Published: Jul 02, 2026 2:28 PM

The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Thursday as a weaker-than-expected US Nonfarm Payrolls (NFP) report pushed back expectations of an imminent Federal Reserve (Fed) interest rate hike.

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.