Australian Dollar Outlook: AUD/USD Rally Tests Make-or-Break Resistance
Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/australian-dollar-outlook-aud-usd-rally-tests-make-or-break-resistance-7-21-2026/
Published: Jul 21, 2026 9:12 AM
AUD/USD is attempting to register a fourth consecutive weekly advance after rebounding more than 2% from the June lows, bringing the pair back into a major technical inflection zone. The recovery is now testing the upper bounds of a multi-month downtrend, where multiple resistance levels converge.
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