{
  "id": 1676608,
  "title": "AUD/USD Price Forecast: Holds breakout near 0.7100",
  "url": "https://urgent.news/2026/08/18/aud-usd-price-forecast-holds-breakout-near-0-7100",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T08:25:15.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-usd-price-forecast-holds-breakout-near-07100-202608180825"
  },
  "original_language": "en",
  "account": "The Australian Dollar (AUD) traded at approximately 0.7100 against the US Dollar (USD) during the European session on Tuesday, edging close to its over two-month high of 0.7130 from Monday. The US Dollar faced pressure, with financial markets factoring in a potential Federal Reserve (Fed) rate hike delay beyond September. HSBC Asset Management noted that the probability of a September Fed rate hike had declined to its lowest since mid-June, as investors reconsidered the Fed's policy outlook following recent communications and data. A softer labor report and stable employment data further dampened expectations of an interest rate hike from the Fed. TD Securities projected that the Fed would likely remain on hold in September, with inflation expected to remain high and the labor market stabilizing. The US Dollar Index (DXY) showed a marginal increase to near 99.65, rebounding after a fresh two-month low of 99.30. AUD/USD advanced above the 20-day exponential moving average (EMA) at 0.7043, demonstrating sustained bullish momentum. The immediate support level for the pair was 0.7080, with the 20-day EMA acting as the next key support. Should AUD/USD break above the 0.7130 level, it could continue climbing towards the May 29 high of 0.7200.",
  "summary": "The Australian Dollar (AUD) trades almost flat at around 0.7100 against the US Dollar (USD) during the European trading session on Tuesday, but is close to its over two-month high of 0.7130 posted on Monday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}