**AUD/USD Slides Lower Amidst Key Resistance Levels: In-Depth Analysis (Based on economies.com and Additional Market Sources)**
*Source: economies.com, “The AUDUSD declines affected by critical resistance – Analysis 11-07-2025″*
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## Introduction
The Australian dollar (AUD) has shown signs of weakness against the US dollar (USD), with the pair experiencing notable declines as it approaches significant resistance levels. The movement of the AUD/USD currency pair is gaining attention from traders and analysts alike, especially as global market dynamics continue to shift. This comprehensive overview draws from the analysis provided by economies.com and expands on key fundamentals, technical indicators, and broader market context influencing the pair, providing traders with valuable insights for navigating future price action.
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## Recent Price Overview
– The AUD/USD pair had recently attempted a bullish swing, attempting to break through resistance.
– However, the upward momentum was halted as the price encountered a strong barrier, causing a reversal.
– According to the analysis posted on economies.com, this resistance is playing a crucial role in containing further advances for the Australian currency.
– The pair is now exhibiting a clear downward bias, with sellers exerting greater influence on market direction.
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## Key Resistance and Support Levels
**Major Resistance:**
– The highlighted technical resistance is set around the 0.6770 price area.
– Technical charts indicate that multiple failed attempts to breach this zone have reinforced it as a strong supply zone.
– This area aligns with previous highs, further solidifying its legitimacy among market participants.
**Support Zones:**
– Immediate support is observed near the 0.6700 round figure.
– A deeper support lies at the 0.6645 region, which has historically halted bearish moves.
**What This Means:**
– A sustained break above 0.6770 is necessary for bulls to regain control and target higher levels.
– On the flip side, a close below 0.6700 could accelerate losses toward 0.6645 and potentially lower.
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## Technical Analysis
**Trend Direction:**
– The current trend appears bearish in the short term after the failure to overcome critical resistance.
**Indicators Monitored:**
– **Moving Averages:** The pair is now trading below the 50-period and 100-period simple moving averages, indicating growing negative pressure.
– **Relative Strength Index (RSI):** The RSI has dipped below the neutral 50 level, suggesting sellers have momentum but are not yet at oversold conditions.
– **MACD:** The MACD line remains beneath the signal line, confirming the strength of the down move.
**Chart Patterns:**
– The presence of a bearish candlestick formation near resistance is an added confirmation that bullish momentum has stalled.
– Lower highs and lower lows on the four-hour timeframe reinforce the short-term bearish outlook.
**Potential Scenarios:**
– **Bearish Scenario:** If the pair continues to close below 0.6700, expect further declines into
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