AUD/USD is stabilized waiting for the RBA decision

• The AUD/USD quotes about 0.6400 with a cautious tone before the decision on RBA rates.
• The feeling of the consumer in the US weakened, while inflation expectations increased, adding uncertainty to the market.
• Technical levels suggest support in 0.6399 and resistance about 0.6414, reflecting a side market.

The Aud/USD torque is negotiating around the level of 0.6400 during the European negotiation hours of Friday, reflecting a neutral tone while the operators wait for the decision on interest rates of the Bank of the Australian Reserve (RBA) next week. The American dollar index (DXY) remains about 101.00, modestly rising after a week of mixed economic data in the USA. Despite this, the Australian dollar remains under pressure in the midst of commercial uncertainties and a weak feeling of global risk.

The US dollar has seen a limited movement while the markets digest the latest economic signals in the United States. The preliminary feeling of the consumer of the University of Michigan for May fell to 50.8, from 52.2 in April, marking one of the lowest registered readings. This decrease in consumer confidence has been accompanied by an increase in inflation expectations, with one year forecast rising to 7.3% from 6.5% and the five -year perspective climbing 4.6% from 4.4%. These data points add up to concerns about the resilience of household spending in the US against the persistent inflationary pressures.

Adding to uncertainty, the unpredictable tariff policies of US President Donald Trump continue to weigh on the feeling of the market in general. Trump recently hinted new tariffs that would be implemented within the next two to three weeks, increasing the risk of a deeper slowdown in global trade. Meanwhile, Fed officials remain cautious, with the president of the Fed of Atlanta, Raphael Bostic, suggesting that the US economy could experience more slow growth without necessarily entering recession.

Technical analysis

In the Technical Front, the AUD/USD is negotiating within a narrow range, reflecting mixed momentum signs. The pair is currently testing the support about 0.6399, with additional levels at 0.6379 and 0.6357. On the positive side, the immediate resistance is observed around 0.6411, followed by 0.6413 and 0.6414.

The Relative Force Index (RSI) remains in the range of 50, indicating a neutral momentum, while the convergence/divergence indicator of mobile socks (MACD) points to a slight sale pressure. However, Williams’s percentual range (14) and the product channel index (20) reflect balanced market conditions, reinforcing the lateral behavior of the torque. The simple mobile average (SMA) provides a short -term sales signal, while the 100 -day SMA offers a stronger support, suggesting possible short -term volatility.

Without a clear breakout above the resistance zone of 0.6414, it is likely that the aud/USD remains lateral in the short term, with downward risks emerging if the pair fails to maintain the support level of 0.6399. The operators will be closely monitoring the decision on RBA rates next week, since any unexpected policy signal could significantly impact the direction of the pair.

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