AUDUSD InsightAustralian Dollar vs US DollarACTIVTRADES:AUDUSDshawntime_academyHello to all subscribers, Please share your personal opinions in the comments. Don’t forget to like and subscribe. Key Points - U.S. President Donald Trump sent a dismissal notice to Federal Reserve Governor Lisa Cook. In response, Cook stated that “there is no legal basis for this, and he does not have such authority,” announcing legal action. The Federal Reserve also issued a statement indirectly supporting Cook. - French Prime Minister François Bayrou announced that he will request a confidence vote in parliament on September 8 to secure momentum for fiscal tightening. However, with major opposition parties declaring no confidence, the prevailing view is that the government is likely to collapse. This Week’s Major Economic Events + August 28: U.S. Q2 GDP + August 29: Germany August Consumer Price Index, U.S. July Personal Consumption Expenditures (PCE) Price Index AUDUSD Chart Analysis The pair is still showing a gradual upward trend within the channel. As long as it does not break below the previous low at the 0.64000 level, the bullish outlook remains intact, with long-term potential to rise toward the 0.69000 level. However, if it breaks below 0.64000, there is a high possibility of a decline toward the 0.62000 level.