**AUD/USD Price Outlook: Risks of a Turn Toward the 200-Day SMA Continue to Rise**
AUD/USD faces further downside risk as selling pressure intensifies. The pair trades below key short-term moving averages and looks set to test the 200-day SMA, a critical support level. Strong US dollar fundamentals, weaker Australian economic data, and cautious risk sentiment underpin this outlook. Traders should watch for a sustained break below 0.6600 to confirm the decline.
#Forex #AUDUSD #TechnicalAnalysis
