AUD/USD Eyeing the 200-Day SMA: Risks of Deepening Decline Gather Momentum
AUD/USD remains under pressure amid a stronger USD and cautious RBA stance. Technicals suggest the risk of a decline toward the 200-day SMA near 0.6550 persists. Watch for continued downside momentum as markets weigh global risks and monetary policy outlooks. Analysis by Pablo Piovano via FXStreet.