AUD/USD - Wednesday, July 17, 2025.

Sellers are currently dominant in the AUD/USD commodity currency pair, as indicated by a Death Cross on the 50-day moving average (EMA) below the 200-day moving average (EMA). However, caution should be exercised regarding a retracement, as the RSI (14) is at a neutral bullish level.

Key Levels

1. Resistance 2: 0.6602.

2. Resistance 1: 0.6558.

3. Pivot: 0.6535.

4. Support. 1: 0.6491.

5. Support. 2: 0.6468.

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below 0.6491, AUD/USD has the potential to continue its decline to 0.6468.

Momentum Extension Bias: If this level is broken and closes below 0.6468, AUD/USD will continue its decline to 0.6424.

Invalidation Level / Bias Revision

The downside bias will be invalidated if AUD/USD breaks through and closes above 0.6602.

Technical Summary

EMA(50): 0.6534.

EMA(200): 0.6550.

RSI(14): 49.46.

Economic News Release Agenda:

Press on US yields/inflation, along with the RBA's dovish and risk-off policies, which have caused many funds to shift to the USD, has put pressure on the AUD/USD today.

There are important data releases from the United States today:

Core PPI m/m - 7:30 PM WIB.

PPI m/m - 7:30 PM WIB.