
Key takeaways Bullish technical breakout: The AUD/USD has finally broken above the 0.7140 major resistance—a level tested multiple times since 2022—reaching a 52-week high near 0.7185, signalling the start of a fresh bullish impulsive uptrend. Macro catalysts supporting AUD: Strength in commodity prices driven by the US–Iran war 2026 and expectations that the Reserve Bank […]
The post Chart Alert: AUD/USD Bullish Breakout (Finally) Above 0.7140, New Bullish Impulsive Up Move Sequence appeared first on ActionForex.