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Aussie Dollar

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FORECASTSAUG 7, 2026
AUD/USD Rising Wedge Keeps Traders on Alert Before U.S. Jobs Data
AUD/USD is hovering near the lower edge of a rising wedge after pulling back from its highest level since mid-June. Traders are watching U.S. employment data for the next catalyst, with support at 0.7020, 0.7010 and 0.6990 in focus.