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fxJul 14, 2026, 5:33 PM

Aussie Dollar Price Forecast: Heading Toward 0.7000

The Australian Dollar has found tailwinds and appears to be resuming its move toward the 0.7000 level. The constructive outlook remains intact as long as it stays above the key 200-day moving average.

AUDUSD

The Australian Dollar has encountered supportive momentum and is now targeting the 0.7000 threshold. According to the latest analysis, the currency's positive bias is preserved as long as it holds above its 200-day moving average.

Traders are watching this key technical level as a pivot for further upside. The current tone suggests continued strength in the near term, with the pair building on recent gains.

Source: FXStreet Forex News