AUD/USD
Analysis from Aug 12, 2026, 3:41 AM
0.7100 round-number resistance defines the near-term ceiling; break opens path to 52-week high at 0.7279
Holds above 0.7065 post-RBA hold; rising wedge caps upside at 0.7100 short-term
Main Risk
US July CPI beat — Fed hold risk
July CPI expected to rebound; upside surprise re-prices Fed cuts, lifts USD broadly
Price Ladder
Scenarios
🐻 Wedge Break — USD CPI Shock
CPI shock unwinds carry; wedge breakdown targets 0.6900 then 50-day MA at 0.6980.
🐂 Wedge Resolved — Rally to 52-Wk High
Break above 0.7100 round-number triggers momentum run to 52-wk high at 0.7279.
Macro Drivers
Key Dates & TradingBrief View
Cautiously Bullish — Hold long above 0.7030; add on confirmed break above 0.7100 with stop at 0.6950
RBA hold + commodity bid sustain bull bias; 0.7100 must break cleanly or wedge compression risks reversal on CPI shock