AUD/USD Forecast: Correction Could Extend to 0.7200 — Pablo Piovano

🦘 Aussie Dollar Pulls Back — Eyes on 0.7200

AUD/USD ran into resistance in the 0.7270–0.7280 zone and is now correcting toward 0.7200. A stronger USD — driven by hot US inflation data and geopolitical uncertainty — is weighing on the pair.

However, the RBA's hawkish stance and elevated domestic inflation keep the broader uptrend intact. Dips may be supported — unless the USD finds more fuel to run. 📊

Know the trend. Respect the levels. 🎯

#AUDUSD #ForexAnalysis #CurrencyTrading

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