Post content
šAUD/USD H1 Scenario: Bearish Breakdown Confirmed ā Fundamental & Technical Insights šTechnical Analysis: On the hourly chart, AUD/USD has broken decisively below the key support level at approximately 0.6470 after repeated failures to breach resistance near 0.6500. This break validates the ongoing downtrend, with potential downside targets at 0.6420 and 0.6400. Risk remains to the downside unless it reclaims 0.6470. š”Fundamental Analysis: The bearish bias is supported by the RBAās recent 25-basis-point rate cut to 3.6% on August 12, 2025, weakening the AUD. The USD gains from potential tariff policies and Fed independence pressures, tilting the pair toward AUD weakness. š°Latest News Impacting the Pair: Australian CPI data (forecasted at 2.3% tomorrow, August 28, 2025) and todayās AUD/USD trading at 0.6482 reflect pressure from the RBAās dovish stance. Upcoming US PCE inflation could boost USD if strong. āļøTraders: Monitor for sustained breaks below support for short entries. Prioritize risk management. š±AUD/USD ~ Shadowtraderfx