{
  "id": 11122663,
  "title": "AUD/USD Price Forecast: On verge of 78.6% Fibo breakdown near 0.6950",
  "url": "https://urgent.news/2026/10/01/aud-usd-price-forecast-on-verge-of-78-6-fibo-breakdown-near-0-6950",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T05:55:12.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-usd-price-forecast-on-verge-of-786-fibo-breakdown-near-06950-202610010555"
  },
  "original_language": "en",
  "account": "The Australian Dollar (AUD) is currently positioned against its major currencies on Thursday, trading near 0.6948 against the US Dollar (USD) during the early European trading session. Despite this, the AUD is outperforming other currencies, including the Japanese Yen. The Reserve Bank of Australia (RBA) recently increased its Official Cash Rate (OCR) four times this year, culminating in a 25 basis point (bps) hike to 4.6%. However, analysts believe this may be the last rate hike from the RBA, as Governor Bullock's recent remarks suggest a more dovish stance. The AUD has shown strength against the Japanese Yen in recent trading sessions. In the daily chart, the AUD/USD exchange rate is currently at 0.6948, trading below both the 20-period Exponential Moving Average (EMA) and a dense Fibonacci resistance band. The Relative Strength Index (RSI) indicates the AUD/USD pair is in oversold territory. The next support lies at the 78.6% Fibonacci retracement level at 0.6947, with deeper support at the 100.0% Fibonacci anchor near 0.6867. The next resistance levels are the 61.8% retracement at 0.7010, the 50.0% level at 0.7054, and the 20-period EMA at 0.7063.",
  "summary": "The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds above $61.00 amid easing Fed rate hike expectations",
        "url": "https://urgent.news/2026/10/01/silver-price-forecast-xag-usd-holds-above-61-00-amid-easing-fed-rate",
        "published": "2026-10-01T03:19:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}