Australian CPI

AUD/USD stayed under pressure after the Reserve Bank of Australia raised its benchmark rate to 4.60%. Traders are watching Australian inflation and key United States labor data as technical signals keep the downside in focus.

AUD/USD remains within a broader bullish structure, but near-term price action is showing signs of fatigue at the lower edge of its August ascending channel. A break below 0.7150 would sharpen bearish momentum, with 0.7142 standing out as a pivotal support level.

AUD/USD is back under pressure as technical resistance aligns with a firmer U.S. dollar, rising oil prices and renewed geopolitical anxiety. Traders are watching whether nearby support can hold or whether the triple-top structure opens the door to a deeper pullback.