AUDUSD: Bullish Momentum Surges as Key Resistance Areas Come Into Focus, June 17, 2026
Over the past three trading days, AUDUSD rebounded from a two-month low of 0.6977 to close near 0.7067, reflecting a gradual return of buying interest. Market optimism was driven by the prospect of a US-Iran peace deal and the Reserve Bank of Australia’s (RBA) expected decision to hold the interest rate steady at 4.35%. These developments have fueled bullish sentiment, placing AUDUSD in a consolidation band between 0.7100 and 0.7200. Investors should watch for key resistance levels and upcoming economic data releases that may influence price volatility in the near term.


