
Australian Dollar Technical Outlook: AUD/USD Breakdown Threatens Deeper Correction
AUD/USD remains under pressure after breaking key trend support, with the latest decline putting the focus on the next major downside pivot.
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AUD/USD remains under pressure after breaking key trend support, with the latest decline putting the focus on the next major downside pivot.

USD/CHF has surged to fresh yearly highs, but stretched momentum is raising the risk of near-term exhaustion as the rally extends.

Gold is attempting to stabilize near a pivotal technical zone, with the Fed decision poised to provide the catalyst for the next major move.

EUR/USD is building on a rebound from trend support, with major event risk poised to test the strength of the recovery.

USD/JPY remains under heavy pressure as Fed hike bets fade and expectations for BoJ tightening build, with key support now in focus.

USD/CAD has rebounded sharply from the August lows, but bulls still need to clear key resistance to validate a larger reversal.

EUR/USD and AUD/USD have surged as the US dollar weakened. But with the Dollar Index testing key support, is a near-term rebound taking shape?