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fxJul 22, 2026, 8:44 AM

AUD/USD Consolidates Near 0.6985-0.7020, UOB Says

United Overseas Bank analysts report that AUD/USD is consolidating between 0.6985 and 0.7020 after easing from above 0.7020, with key support at 0.6970 keeping the upside intact.

AUDUSD

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that AUD/USD has pulled back after testing above the 0.7020 level. Intraday price action is now seen consolidating in the 0.6985–0.7020 range.

The analysts point to support at 0.6970, which remains intact and keeps the bullish bias for the pair. No further details on targets or triggers were provided in the brief note.

Source: FXStreet Forex News