AUD/USD Remains Under Pressure Near 0.6600 as Bearish Trend Persists
AUD/USD holds a bearish stance, trading just above the 0.6600 level amid ongoing risk aversion and cautious outlooks from central banks. The pair tests key support zones near 0.6590 and 0.6560, struggling to break above the 50-SMA. US economic resilience and Fed’s cautious tone weigh on the Aussie. Traders should watch support at 0.6530 and resistance near 0.6670 for guidance on near-term direction.
