AUD/USD Price Forecast: Faces rejection near 100-day SMA a...

AUD/USD Price Forecast: Faces rejection near 100-day SMA at 0.7050; bullish bias intact

Published Aug 03, 2026 3:16 AM Last refreshed Aug 03, 2026 5:00 AM Source: EODHD Event Time: Aug 03, 2026 3:16 AM

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AUD/USD Price Forecast: Faces rejection near 100-day SMA at 0.7050; bullish bias intact

Source: EODHD - https://www.fxstreet.com/news/aud-usd-price-forecast-faces-rejection-near-100-day-sma-at-07050-bullish-bias-intact-202608030716
Published: Aug 03, 2026 3:16 AM

The AUD/USD pair faces rejection near the 100-day Simple Moving Average (SMA) and retreats slightly after hitting a fresh high since June 17, around the 0.7050 level earlier this Monday.

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.