AUDUSD posts largest decline of 2025 amid tariff concerns ...Middle East

Technical Breakdown: Key Levels in Play

Price action has stalled near 0.62474, suggesting a temporary balance between buyers and sellers as the market assesses the next move. A break below this level could accelerate downside momentum, targeting:

0.62348 – Prior swing low from February 12 and February 100.62097 – 61.8% retracement of February’s range

If buyers defend 0.62474, initial upside targets include:

0.62743 – A key intraday resistance level0.6285 – The broken 38.2% retracement, which could now act as resistance

The AUDUSD remains under pressure, with further declines likely if risk-off sentiment persists and key support levels fail to hold.

This article was written by Greg Michalowski at www.forexlive.com.

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