AUD/USD | Base Building Beneath ResistanceAUD/USDOANDA:AUDUSDAlchemyMarketsAUD/USD continues to grind higher as relative policy dynamics quietly turn more supportive, with the Fed easing while the RBA remains reluctant to signal aggressive cuts. Technical Lens: The pair has recovered convincingly from its 2025 lows and is now building a base beneath longer-term resistance. Structure remains constructive, with higher lows developing and momentum improving, though not yet stretched. The setup favours continuation rather than exhaustion, albeit at a measured pace. Scenarios: If the base continues to hold → price action supports a gradual push toward the 0.69 region, though full follow-through may extend beyond Q1. If upside momentum stalls → consolidation beneath resistance would remain consistent with a broader basing process rather than trend failure. Catalysts: RBA policy guidance US inflation data and Fed communication Commodity demand trends and China-related data Takeaway: AUD/USD remains constructive, but upside progress is likely to be steady rather than explosive while global growth momentum stays muted. Q1 2026 Bias: Gradual upside toward 0.69, potentially incomplete