AUD/USD rebounds to 0.7087 on March 17, 2026, after the RBA hikes interest rates to 4.10% in a split decision. Discover if hawkish RBA guidance and strong China trade data can propel the Aussie back toward 0.7186 resistance.
AUD/USD: RBA hikes but currency underperforms – Commerzbank
AUD/USD Price Forecast: Rebounds as RBA's Bullock clarifies inflation was already high
The AUD/USD remains volatile after a failed breakout above 0.7140, as commodity strength clashes with rising risk aversion tied to the US–Iran war 2026. A hawkish outlook from the Reserve Bank of Australia is providing support, with 0.7015 acting as key support and a sustained break above 0.7140 needed to revive bullish momentum.
AUDUSD currency pair recently reversed from the support area between the key support level 0.6965 (low of the eagerly wave 2), support trendline from November, lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from December.
AUD/USD rebounds ahead of RBA rate decision
AUD/USD rises on RBA hike expectations, strong China data
AUD/USD: RBA pricing supports resilience – BNY
AUD/USD: War risks and RBA tension – DBS
Australian Dollar Forecast: AUD/USD battles the 0.7000 pivot on March 16 2026 as the 78% RBA hike probability clashes with Middle East “war premium” volatility.
AUD/USD Price Forecast: Gains ground below 0.7000 on hawkish RBA bets
The US dollar may have seen its near-term highs for now as markets attempt to digest a torrent of headlines from the Gulf, with the reaction most evident in FX pairs such as AUD/USD and USD/JPY.