AUDUSD: US Dollar Strength Pushes Pair to 11-Week Low, Key Technical Support Tested, July 1, 2026
Over the past three trading days, AUDUSD has experienced a sustained decline, moving from a high of 0.6931 down to around yesterday’s close at 0.69192 amid broad US dollar strength. Recent market news highlights the DXY index approaching 101, while mixed Australian CPI data and global risk-off sentiment weigh on the Aussie. This has led to renewed selling pressure, dragging AUDUSD to its lowest levels in nearly three months. For investors, the combination of strong USD momentum and uncertain domestic data suggests a cautious approach, with close monitoring of the upcoming RBA minutes and US Non-Farm Payroll figures as key catalysts for next moves.


