Trade The World
AUD/USD rejected at key trend line – Société Générale
By FXStreet Insights Team
Date Published: 30 Sep 2025 | Date Modified: 30 Sep 2025
POPULAR ARTICLES
AUD/USD is consolidating after September’s rejection at a key multiyear trend line, with the 50-DMA offering support and defining the near-term range, Société Générale's FX analysts note.
AUD/USD is consolidating after September’s rejection at a key multiyear trend line, with the 50-DMA offering support and defining the near-term range, Société Générale's FX analysts note.
Range-bound between 0.6520–0.6630
"AUD/USD has faced significant resistance near a multiyear descending trend line and the November 2024 highs at 0.6685/0.6710 in September, leading to a sharp pullback. It has so far held above the 50-DMA, indicating that upward momentum remains intact."
"In the short term, price action is likely to stay range-bound within limits of recent pivot low at 0.6520 and 0.6630. A decisive break above the trend line near 0.6685/0.6710 would be essential to confirm a larger uptrend."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
