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AUD/USD

AUD/USD, Monday, April 6, 2026

AUD/USD

The strengthening of the USD index last week successfully pushed the major currency pair AUD/USD down away from the higher area of 0.69671. This afternoon on the H4 timeframe, a candle is seen swinging at the price level of 0.69074 in the convergence area of the blue EMA21 line with the purple EMA50 line. The bullish technical support direction is evident in the CCI14 indicator, which is currently swinging up firmly, breaking through the neutral area of the zero line. In general, the trading plan is to BUY AUD/USD for today, placing a stop loss around the lower area of 0.65700 and setting a take profit target at the resistance area of 0.69700, which would be a profitable trading choice.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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