Forex · AUDUSDConfidence · 97%BullishSources · 451
AUD/USD Stalls Near 0.7200 Support as USD Firms, UOB Flags Downside Pre-CPI
AUD/USD is stalling near the pivotal 0.7200 support level as the nine-day EMA converges, with UOB warning of range-bound downside risks amid USD strength from US-Iran tensions and ahead of key US CPI data. The pair surged from a March contract high of 0.7177, propelled by RBA's April 25bp hike to 4.10% on 3.7% CPI and May's further 25bp increase to 4.35%, peaking at a multi-year high of 0.7278 before pulling back on a A$1.84B trade deficit. Momentum has cooled with RSI dipping toward 45-50, trapping the pair in a 0.7150-0.7250 range; bulls need a hold above 0.7200 to eye 0.7300, while a break risks 0.7100.
Sources
bitcoinworld.co.in
- AUD/USD pivot near 0.7200
- Trading range: 0.7150–0.7250
- 50‑day MA providing support near 0.7160
- DXYUSD firmed above 105.00
- US CPI forecast: headline 2.9% YoY, core 3.2% YoY
actionforex.com
- Daily pivots: S1 0.7222; P 0.7240; R1 0.7266
- Intraday support at 0.7101 and resistance at 0.7277
- Upside target: 61.8% projection at 0.7306
- 61.8% retracement of 0.8006–0.5913 at 0.7206
- Bigger-picture supports: 2024 low 0.5913 and crucial support 0.6832
fxstreet.com
- AUD/USD struggling to stay above 0.7250
- Spot near 0.7200 in early European session
- 100-period EMA near 0.7184 (key support)
- RSI around 45; MACD slightly negative
- US CPI consensus 3.7% (previous 3.3%); release: May 12, 2026 12:30
actionforex.com
- AUD/USD high formed at 0.7278
- Support: bullish trend line ~0.7190 and pivot zone 0.7200; immediate support 0.7220
- Resistance: 0.7275 then major resistance 0.7300–0.7320; breakout target 0.7365 and 0.7450
- US CPI (Apr) forecasts cited: MoM +0.6% (prev +0.9%), YoY +3.7% (prev +3.3%); Core YoY +2.7% (prev +2.6%)
bitcoinworld.co.in
- Nine-day EMA is converging on the 0.7200 level
- Key support: 0.7200; downside target on break: 0.7150
- Upside resistance: 0.7250–0.7270; next target 0.7300
- Article date: 2026-05-12
orbex.com
- Date: 12 May 2026
- AUDUSD testing resistance at 0.7260; 0.7250/0.7300 cited as near-term levels
- AUDUSD support levels: swing low 0.7180 and base 0.7100
- USDJPY testing 144.00 with a critical top noted at 160.00
- Germany 40: move below 24,500 may accelerate downside toward 23,700 then 23,400
investinglive.com
- Swing support held at 0.7193–0.7200
- Reclaimed and held above 0.7221–0.7227 (former resistance)
- Currently trading near 0.7240
- Near-term highs/resistance: 0.7263, 0.7277; key resistance at 0.7283
dailyforex.com
- Signal: Buy AUDUSD on a dip to 0.71
- Stop: 50 pips
- Resistance area around 0.7250 where sellers appear
- Article date: May 08, 2026
fxstreet.com
- AUD/USD trading around 0.7220 (Asian hours)
- Nine-day EMA support at 0.7195
- 50-day EMA at 0.7083 (medium-term support)
- 14-day RSI ≈ 61 (constructive momentum)
- Near-term resistance 0.7277 (May 6 high); channel target ≈ 0.7430; three-month low 0.6833 (Mar 30)
investinglive.com
- Breakout above 0.7221–0.7227 (April/May highs)
- Session high 0.72769
- May 2022 resistance zone: 0.72656–0.7283
- Next upside targets: 0.7316 and then 0.7500
- RBA hiked rates 25 basis points (third consecutive meeting)
