The Aussie Uptrend Held Since June. The Fed Just Broke It.

Australian dollar technical analysis shows a third weekly drop after a Fibonacci resistance stall and a Fed-driven break of the June uptrend. Michael Boutros, StoneX Media Senior Market Analyst, walks through the Australian dollar across the weekly, daily and four-hour charts. The Federal Reserve decision fueled the drop that broke the AUD/USD uptrend in place since June, while daily RSI momentum sits at its lowest level since July. The video maps the Fibonacci confluence behind the reversal and the 200-day moving average. Event risk comes from the Australian employment report and trade talks on tariffs, rare earths and AI. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_michael_boutros&utm_content=share 00:00 - Aussie Dollar Drops Third Week 00:25 - Fibonacci Wall Stops the Rally 00:50 - Fed Drop Snaps June Uptrend 01:41 - AUD/USD Support Under Pressure 02:46 - What Aussie Bulls Must Reclaim 03:12 - Aussie Jobs and Trade Risk Like and subscribe for more financial market insights. #StoneX #AUDUSD #MichaelBoutros #Forex --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social