AUD/USD Price Forecast: Aussie turns bullish above the 50-day SMA, eyes 0.7100

AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite traders delaying Federal Reserve (Fed) rate cuts, while US Crude Oil prices are edging lower by 4.21%, a headwind for the buck. The pair hovers around 0.7050 at the time of writing. AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite… AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite traders delaying Federal Reserve (Fed) rate cuts, while US Crude Oil prices are edging lower by 4.21%, a headwind for the buck. The pair hovers around 0.7050 at the time of writing. AUD/USD rises 0.47% near 0.7050 as DXY weakens despite delayed Fed cuts.Break above 0.7100 exposes 0.7123 and the yearly high at 0.7187.Drop below 0.6981 risks test of 0.6944 and a deeper pullback.AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite traders delaying Federal Reserve (Fed) rate cuts, while US Crude Oil prices are edging lower by 4.21%, a headwind for the buck. The pair hovers around… 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.