Forex 4.00
Posted October 21, 2026

AUD/USD

Buy
BUY
Entry Price
0.7000

Signal Details

Direction
Buy
Entry Price
0.7000
Risk: Reward
1:2.29

Trade Levels

Stop Loss
0.6965
Take Profit 1
0.7050
Take Profit 2
0.7080

Technical Chart

Market Analysis

AUD/USD has recovered above the psychological 0.7000 level, supported by increasingly hawkish expectations surrounding the Reserve Bank of Australia. A corrective retest of this former resistance could establish a support base for further upside.

Key Indicators

  • The 50-period EMA serves as a trend filter, while RSI (14) measures momentum. A bullish reaction near 0.7000, with price holding above the EMA and RSI remaining above 50, would strengthen the recovery scenario.

Market Outlook

A confirmed long entry around 0.7000 could target 0.7050 and subsequently 0.7080, provided the pair overcomes intermediate resistance near 0.7030. The protective Stop Loss is positioned at 0.6965. A sustained breakdown below support would weaken the bullish setup.

Risk Alert

The proposed long position requires bullish confirmation near support. A decline below 0.6965 would invalidate the setup. Changes in RBA or Federal Reserve policy expectations and unexpected economic releases may increase volatility.