Simple Moving Average Technical Analysis on trading in the AudUsd market pair on Tuesday, June 16, 2026 Buyer determination reoccurred in trading in the AudUsd market pair on Monday with buyers successfully entering the market with greater strength, dominating the market and halting the bearish seller's momentum above the buyer support area at 0.7054-0.7505. Sellers failed to break through this area due to buyer reinforcement, allowing the price to rise bullish strongly as buyers increased their buying pressure.
Observed on the Daily timeframe using Moving Average technicals, the AudUsd market pair is once again under buyer control, pushing the price up bullish towards the MA 100 Blue area at 0.7085. This is supported by the formation of strong bullish candlesticks, indicating that bullish buyer pressure is backed by market participants wanting the price to strengthen bullish today. Buyers will aim to maintain their advantage over sellers by targeting a breakthrough above the MA 100 Blue area to open up higher bullish opportunities, with the next target towards the MA 50 Red area at 0.7144. If the MA 50 Red area is convincingly breached, the AudUsd pair could resume its bullish trend towards the next bullish target at the nearest Supply resistance seller area. In trading on Tuesday afternoon leading up to the European market opening, the movement of the AudUsd pair price still appears to be dominated by buyers trying to push the price up bullish towards the nearest seller resistance area at 0.7090-0.7091. If this resistance area is broken through by bullish buyer strength, the AudUsd pair price will continue to surge higher bullish towards the next seller resistance area at 0.7114-0.7115. However, if sellers manage to defend the nearest resistance area from bearish seller pressure, the price could be controlled by sellers targeting a decline towards the nearest buyer support area at 0.7039-0.7038. If this buyer support area is breached by bearish seller pressure, the AudUsd pair price will continue to weaken bearish towards the next buyer support area at 0.7012-0.7011.
