News & Analysis for Stocks, Crypto & Forex | investingLive
AUDUSD rebounds in trading today, but cannot get and stay above the 100 day MA target | investingLive
⏷ This article is from 2026-06-08 • More recent news →
xCruzo Brief
The AUD/USD pair attempted to hold above the 100-day moving average at 0.7073 but failed to sustain gains, briefly peaking at 0.7077 before slipping back as risk appetite narrowed. A break below the swing area near 0.7100–0.7113 and the 100-day moving average signaled renewed selling pressure, with a session low around 0.7019 before buyers stepped in as stocks rose and Treasuries fell. The rebound carried the pair back above the 50% retracement at 0.70549, but momentum faded and the price again hovered near key support at 0.7002–0.7014. A break beneath this zone could target 0.6938–0.6962, barring a continued risk-on shift.
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