AUD/USD Rally: Examining Momentum and Resistance Levels Ahead
The AUD/USD currency pair has seen a positive shift since retesting its major support on August 22, 2025. The Australian dollar staged a notable bullish reversal, climbing 3.2% and reaching an intraday high of 0.6620 by September 9, 2025. This movement coincided with a general decline in the US dollar against other major currencies. Investors are anticipating a dovish pivot from the Federal Reserve, which may further support the Aussie dollar.
The current momentum indicates a potential continuation towards major resistance levels. Traders are closely monitoring the pair as it navigates through this technical framework. A sustained rally above this resistance could open doors for further gains, underpinned by a robust economic outlook from China and stronger domestic data.