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AUD/USD Rally Faces Short-Term Test as Fed Minutes and US PMI Data Loom
FORECASTSJUL 6, 2026
AUD/USD Rally Faces Short-Term Test as Fed Minutes and US PMI Data Loom
AUD/USD climbed for a second consecutive day to its highest level since June 23rd as the US dollar weakened after softer jobs data. Technical traders are watching whether resistance near 0.7050 caps the rebound or whether support around 0.6850 comes back into focus.