AUD/USD Price Forecast: Pair Retreats from Key Fibonacci Hurdle but Holds Above 0.6900 Support

BitcoinWorld AUD/USD Price Forecast: Pair Retreats from Key Fibonacci Hurdle but Holds Above 0.6900 Support The Australian dollar retreated from a key technical resistance level against the US dollar on Tuesday, pulling back from the 38.2% Fibonacci retracement mark. Despite the intraday decline, the AUD/USD pair managed to hold firmly above the psychologically important 0.6900 support level, suggesting underlying bullish momentum remains intact for the near term. Technical Analysis: Fibonacci [