{
  "id": 2449538,
  "title": "AUD/USD Price Forecast: Bulls target YTD high after breakout",
  "url": "https://urgent.news/2026/08/21/aud-usd-price-forecast-bulls-target-ytd-high-after-breakout",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T23:15:29.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-usd-price-forecast-bulls-target-ytd-high-after-breakout-202608212315"
  },
  "original_language": "en",
  "account": "Australian Dollar (AUD) edged higher this week by more than 0.82% on Friday and nearly 1.20% for the entire week, as the US Dollar fell following the US Treasury Department's announcement of a bond buyback for long-dated securities. The AUD/USD exchange rate is currently at 0.7170, after climbing closer to 0.7067. An uptrend has resumed as the pair reclaimed the 100-day Simple Moving Average (SMA) at 0.7969. A breakout above the June 4 daily high of 0.7149 has opened the way for further gains. The Relative Strength Index (RSI) suggests bullish momentum, indicating that bulls are targeting higher prices. The first resistance level is the May 29 high of 0.7200, and if surpassed, this would clear the path to challenge the year-to-date (YTD) high of 0.7227. A further move could push the AUD/USD to 0.7300. Conversely, a drop below 0.7100 could lead to a move towards the 100-day SMA at 0.7069. On further weakness, the next support is the 50-day SMA at 0.6999. Australia's interest rate policy, set by the Reserve Bank of Australia (RBA), is a crucial factor influencing the AUD. The RBA's decisions affect interest rates across the economy, with higher rates supporting the AUD. Additionally, the price of Australia's key export, Iron Ore, and the health of China's economy, Australia's largest trading partner, play significant roles in AUD valuation.",
  "summary": "The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury Department's announcement of a bond buyback for the long end of the curve. The AUD/USD trades at 0.7170, after rebounding near 0.7067.",
  "key_points": [
    "AUD/USD climbs 0.82% weekly, nearing YTD high of 0.7227",
    "Breakout above June 4 high of 0.7149 opens path to gains",
    "RBA policy and Iron Ore price key factors influencing AUD"
  ],
  "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."
}