MarketPR

AUD/USD Holds Above 0.7000 as Sellers Keep the Pressure On

6/6/2026

The Australian dollar is consolidating just above the 0.7000 psychological level against the US dollar after touching a two-month low earlier this week.

Technical indicators confirm the bearish bias remains intact, with both the RSI and MACD signaling that sellers are still in control.

Traders watching forex-linked digital assets including $FIAT and $ASIA are keeping a close eye on whether a breakdown materializes.

Price Action at a Critical Juncture The 0.7000 handle has emerged as the defining support zone for the AUD/USD pair, but repeated tests of that floor are eroding its credibility.