The AUDUSD is trading near a crucial inflection point as price approaches a key resistance zone between 0.6303 and 0.6319. This area hosts a powerful cluster of technical indicators, including the 100- and 200-bar moving averages on the 4-hour chart and the 100-day moving average. Just above, the swing area extending to 0.6336 serves as an additional hurdle for buyers.

A clean break and sustained move above this resistance cluster would shift the technical bias more clearly in favor of buyers. The next upside target comes in at 0.6364, with further bullish potential up to the 38.2% retracement level at 0.6414 — the minimum threshold for a broader corrective move higher from the September 2024 decline. That level also aligns closely with the February high, reinforcing its importance as a long-term resistance pivot.

On the downside, the most immediate support remains at the swing zone just below 0.6268, which was briefly breached on Monday before buyers stepped back in. A break back below that area would tilt bias lower, exposing this week’s low at 0.6218, followed by a deeper support band between 0.6162 and 0.6177.

Key levels to watch:

• Resistance:

  • 0.6303–0.6319 (MA cluster)

  • 0.6336 (swing zone)

  • 0.6364 (momentum target)

  • 0.6414 (38.2% retracement from Sep 2024 high)

• Support:

  • 0.6268 (swing zone)

  • 0.6218 (weekly low)

  • 0.6162–0.6177 (deeper swing support)

AUDUSD remains at a technical crossroads. A breakout in either direction will likely dictate the next directional leg in the days ahead.