Australia Debt Levels Surge: Will Rate Hikes Still Support the AUD/USD?
AUD/USD is testing a key support near 0.6630, with the 50-day SMA reinforcing this level. Technical signals reveal cautious indecision—RSI steady around 50 and potential bearish MACD crossover. Fundamental factors, including RBA policy outlook and US economic data, will likely dictate the next move. Traders should watch this zone closely for signs of either a rebound or a breakdown. #Forex #AUDUSD #TradingAnalysis
