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AUD/USD rebound extends toward key July high at 0.6625 – Société Générale
By FXStreet Insights Team
Date Published: 9 Sep 2025 | Date Modified: 9 Sep 2025
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AUD/USD is building on last month’s rally from 0.6410, reclaiming its 50-day moving average and testing resistance at the July high of 0.6625.
AUD/USD is building on last month’s rally from 0.6410, reclaiming its 50-day moving average and testing resistance at the July high of 0.6625. A decisive break above this level would signal scope for further gains toward 0.6685–0.6720, with 0.6480 now a key support, Société Générale's FX analysts note.
Momentum strengthens as MACD turns positive
"AUD/USD established a durable trough near 0.6410 last month, triggering a sustained rebound. It has since reclaimed the 50-day moving average and is now challenging the July high at 0.6625. Notably, the daily MACD has shifted into positive territory, underscoring a renewed upward momentum."
"A cross above 0.6625 would open the door for an extended advance, with subsequent objectives at projections of 0.6685/0.6720 and potentially 0.6770. Recent pivot low of 0.6480 is a crucial support."
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