{
  "id": 3001715,
  "title": "AUD/USD Price Forecast: Aussie eases from 12-week highs with bulls still in command",
  "url": "https://urgent.news/2026/08/24/aud-usd-price-forecast-aussie-eases-from-12-week-highs-with-bulls",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T10:49:45.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-usd-price-forecast-aussie-eases-from-12-week-highs-with-bulls-still-in-command-202608241049"
  },
  "original_language": "en",
  "account": "The Australian Dollar (AUD) slipped from its 12-week high against the US Dollar (USD) on Monday, yet continues to trade in a bullish manner. The AUD/USD pair was observed at 0.7164, just a few pips below the 0.7180 mark reached last Friday. A cautious market atmosphere, primarily due to the US Treasury's plan to repurchase long-term securities, is exerting downward pressure on the US Dollar. However, economists from Wells Fargo Bank anticipate the AUD's support as investors hold out for the upcoming Australian Consumer Price Index (CPI) data. According to the bank's analysts, headline inflation is expected to increase by 1.0% in July, leading to a decline in the year-over-year inflation rate to 3.4%, while the trimmed mean inflation remains at 3.6% year-over-year. Despite the bearish technical indicators, the AUD/USD pair retains a bullish outlook in the short term. The 4-hour Relative Strength Index (14) indicates a bearish divergence, pulling back from oversold levels, while the Moving Average Convergence Divergence (MACD) line has turned downward and attempted to cross the Signal line, which is typically a negative signal. Potential resistance could be found at the 0.7130 level, previously reached on August 17 and 20, followed by the 0.7070 level. On the upside, the next hurdle is the 0.7200 mark, which was a barrier in late May and early June. Should the AUD/USD surpass this level, the next objective would be the year-to-date high, currently around 0.7280.",
  "summary": "The Australian Dollar (AUD) ticks lower against the US Dollar (USD) on Monday, but maintains its broader bullish tone, with the AUD/USD pair trading at 0.7164, a few pips shy of the 12-week high of 0.7180 hit last Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds bullish below $70.00/two-month high set on Friday",
        "url": "https://urgent.news/2026/08/24/silver-price-forecast-xag-usd-holds-bullish-below-70-00-two-month",
        "published": "2026-08-24T02:54:03.000Z"
      }
    ]
  },
  "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."
}