Australian Dollar Price Forecast: Upside remains capped by 0.7100

The Aussie Dollar's continuous rebound seems to have strengthened in the last few days, giving bulls back control and paving the way for AUD/USD to perhaps test the upper end of its annual range sooner rather than later. AUD/USD resumes its upside momentum, retargeting the 0.7100 region.The US Dollar trades with marginal gains amid steady jitters in the… The Aussie Dollar's continuous rebound seems to have strengthened in the last few days, giving bulls back control and paving the way for AUD/USD to perhaps test the upper end of its annual range sooner rather than later. AUD/USD resumes its upside momentum, retargeting the 0.7100 region.The US Dollar trades with marginal gains amid steady jitters in the Middle East.Investors remain focused on rising effervescence in the Strait of Hormuz.The Aussie Dollar's continuous rebound seems to have strengthened in the last few days, giving bulls back control and paving the way for AUD/USD to perhaps test the upper end of its annual range sooner rather than later. For… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.