AUD/USD spent the first half of 2026 climbing from 0.6100 to nearly 0.7300. Over the past two weeks it gave back much of that gain.

Now pair sits where the longer-term uptrend and the new short-term downtrend collide, and this week’s RBA minutes, China data, and NFP release can help decide which direction it takes.

Let’s break down AUD/USD’s technical levels this week.