AUDUSD Technicals: The AUDUSD rebounded today but was stalled by the 100 day MA.What next? | investingLive

The AUDUSD experienced a sharp selloff on Friday following news of new China tariffs, which triggered a wave of risk aversion across the markets. However, sentiment improved over the weekend after more conciliatory comments from President Trump, prompting the pair to gap higher at the weekly open and extend its gains through the Asian-Pacific session.

That rebound carried the price back toward its broken 100-day moving average, currently near 0.65309. The day’s high reached 0.6532, just a pip above that key level, before sellers stepped in to cap the rally. The subsequent pullback found support during the late European and early U.S. sessions, with the price twice testing the upper boundary of a swing area that dates back to late August between 0.6500 and 0.65046. The double bottom at 0.6505 reinforced the area’s technical importance as a short-term support zone.

At current levels near 0.6522, the pair sits in the middle of a tug-of-war between buyers and sellers. The 100-day moving average at 0.65309 continues to act as resistance, while the 0.6500–0.65046 region holds firm as support.

A move higher would shift focus to the next resistance zone between 0.6539 and 0.6544, followed by the falling 100-hour moving average at 0.6554 and the 50% retracement midpoint at 0.65603. Conversely, a break below 0.6500 would expose 0.6481 as the next downside target, with last week’s low near 0.6464 serving as a key level for bearish continuation.