AUD/USD – Wednesday, July 23, 2025.

All technical indicators for AUD/USD indicate significant strengthening, ranging from the 50-day moving average (EMA) and 200-day moving average (EMA) crossing a Golden Cross to the RSI (14) in a Neutral-Bullish condition, all indicating significant strengthening for this commodity currency pair.

Key Levels

1. Resistance. 2 : 0.6596.

2. Resistance. 1 : 0.6576.

3. Pivot : 0.6542.

4. Support. 1 : 0.6522.

5. Support. 2 : 0.6488.

Tactical Scenario

Positive Reaction Zone: If the price breaks through and closes above 0.6576, AUD/USD has the potential to continue strengthening to 0.6596.

Momentum Extension Bias: If the 0.6596 level is broken through and closes above it, AUD/USD has the potential to continue strengthening to 0.6630.

Invalidation Level / Bias Revision

Upside bias weakens when the AUD/USD price weakens to break through and closes below 0.6488.

Technical Summary

EMA(50): 0.6539.

EMA(200): 0.6526.

RSI(14): 66.26.

Economic News Release Agenda:

With the RBA's seemingly hawkish policy stance, the AUD/USD commodity currency pair is trending higher today. Today's economic data releases:

AUD MI Leading Index m/m - 07:30 WIB

US Existing Home Sales - 21:00 WIB

US Crude Oil Inventories - 21:30 WIB