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fxSep 24, 2026, 10:56 PM

Aussie dollar drops for third day, tests 200-day SMA

AUD/USD fell 0.37% to 0.7012 as elevated US yields supported the dollar, putting the pair near its 200-day simple moving average.

AUDUSD

AUD/USD declined for a third straight session, losing 0.37% against the US dollar to trade around 0.7012.

The dollar remained supported by elevated US yields, which moved higher as oil prices rose and inflation pressures built.

The pair is now testing the 200-day simple moving average, a key technical level for near-term direction.

Source: FXStreet Forex News