AUDUSD(20260416)Today's Analysis

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AUDUSD(20260416)Today's AnalysisAUD/USDOANDA:AUDUSDHardworkingMinersMarket News: Despite FOMC officials hinting at one more rate cut this year at their March meeting, considerable internal disagreement exists. According to the CME Group's FedWatch Tool, market pricing on Wednesday indicated only about a one-in-three probability of a rate cut this year. Technical Analysis: Today's Buy/Sell Threshold: 0.7148 Support and Resistance Levels: 0.7224 0.7196 0.7177 0.7119 0.7100 0.7072 Trading Strategy: A break above 0.7177 suggests a buy entry, with a first target price of 0.7196. A break below 0.7148 suggests a sell entry, with a first target price of 0.7119.