AUD/USD Price Forecast: Bulls struggle below the 50-day SM...

AUD/USD Price Forecast: Bulls struggle below the 50-day SMA

Published Jul 23, 2026 3:08 PM Last refreshed Jul 29, 2026 9:53 AM Source: EODHD Event Time: Jul 23, 2026 3:08 PM

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AUD/USD Price Forecast: Bulls struggle below the 50-day SMA

Source: EODHD - https://www.fxstreet.com/news/aud-usd-price-forecast-bulls-struggle-below-the-50-day-sma-202607231908
Published: Jul 23, 2026 3:08 PM

AUD/USD edges lower on Thursday as a stronger US Dollar (USD) outweighs support from better-than-expected Australian employment data. At the time of writing, the pair trades around 0.6966, down 0.45% on the day.

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.