Simple Moving Average Technical Analysis on trading in the AudUsd market pair on Friday, June 19, 2026 Market participants' optimism regarding yesterday's FOMC outcome continues to impact trading in the AudUsd market pair traded yesterday, with the pair weakening further as it remains dominated by sellers who have successfully controlled the trading after blocking the bullish attempts made by buyers below the seller resistance area at the price of 0.7044-0.7043, strengthened by sellers, causing the AudUsd pair price to continue to weaken bearishly strongly downwards due to the strong bearish pressure from sellers.
Observed using the Simple Moving Average technical analysis on the Daily time frame, the price movement of the AudUsd pair continues to decline further away from the MA 100 Blue area located at the price of 0.7086, supported by the strong dominance of bearish candlesticks indicating that market participants are on the side of sellers and want the AudUsd pair price to continue its further decline targeting the price to continue falling towards and testing the MA 200 Yellow area located at the price of 0.6855. This MA 200 Yellow area will be a crucial area because if successfully penetrated by bearish seller pressure, it will continue to weaken and a trend change from bullish to bearish will occur. Trading on Friday afternoon today, approaching the opening of the European market, the price movement of the AudUsd pair appears to be strongly controlled by sellers who are aiming for the price towards the nearest buyer support area located at the price of 0.6993-0.6992. If this support area can be strongly broken through, then the AudUsd pair price will continue to decline bearishly further with the next target towards the next nearest buyer support area located at the price of 0.6977-0.6976. However, if buyers can contain the bearish momentum at their nearest support, the price has the potential to reverse direction to become bullish with a target towards the nearest seller resistance area located at the price of 0.7033-0.7034. If this area is breached again, the price will soar higher bullish with a target towards the next nearest seller resistance area located at the price of 0.7057-0.7058.
