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fxJun 22, 2026, 8:54 AM

AUD/USD Dips Below 0.7000, Approaches 11-Week Low

The Australian Dollar extends losses against the US Dollar for a fifth consecutive day, trading below the 0.7000 level and nearing an 11-week low.

AUDUSD

The Australian Dollar (AUD) continued its decline against the US Dollar (USD) on Monday, marking a fifth straight session of losses. The pair dipped below the psychological 0.7000 level and is approaching the 11-week low.

Traders are watching for further downside momentum as the AUD remains under pressure. The next support level is near the recent low, with any recovery attempts likely to face resistance around 0.7000.

Source: FXStreet Forex News