🇦🇺 AUDUSD 4H Technical & Fundamental Analysis

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🇦🇺 AUDUSD 4H Technical & Fundamental Analysis

The Australian dollar continues to show strength, On the 4H chart, AUDUSD has confirmed a bullish market structure. We observed a breakout above the previous major resistance at 0.63500, which now serves as a key support level.

After this breakout, a Change of Character (CHOCH) was confirmed, followed by multiple retests of the 0.63500 level and a clean rally toward the minor resistance at 0.65200.

We’re currently monitoring for accumulation and a possible liquidity sweep below the minor key zone. This is a typical setup for institutions to trigger stop losses before the next move higher.

📊 Trade Setup
📍 Area of Interest (AOI): 0.65290
🛡 Stop-Loss (Risk Perspective): 0.64770 (just below liquidity zone)
🎯 Target Profit (Structure-Based): 0.66900 (next minor resistance zone)

Meanwhile, Australia’s resilience, rising commodity prices, and a hawkish central bank continue to support the AUD’s bullish outlook.


Fundamental Outlook:

Labor Market Strength
Australia’s employment data remains solid, with consistent job gains and low unemployment, reinforcing confidence in the country’s economic stability.

RBA Hawkish Tone
The Reserve Bank of Australia has maintained a firm stance on inflation, leaving the door open for possible rate hikes. This hawkish outlook adds upward pressure on AUD.

Commodity Price Recovery
As a key exporter, Australia benefits from rising prices in gold, iron ore, and copper—particularly driven by China’s demand recovery.

Weakening USD
The U.S. dollar is under pressure due to dovish Fed expectations, fiscal uncertainty, and a rise in speculative short positions, boosting AUD/USD.

(Source: Bloomberg, Reuters)


📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.

Disclaimer

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