AUD/USD Price Forecast: Breaks Above Key 0.7220 Hurdle with Powerful Momentum

AUD/USD has broken decisively above the key 0.7220 resistance, supported by bullish technical signals (RSI >50, MACD bullish crossover) and higher volume, signaling a likely continuation higher. The piece identifies immediate targets at 0.7300 and major resistance around 0.7400–0.7450, with support at 0.7150 and 0.7080 (50-day MA). Fundamental drivers — hawkish RBA stance, Chinese recovery, elevated commodity prices (noted +5%) and a softer USD on dovish Fed expectations — reinforce the upside case. Risk factors include a hawkish Fed shift, falling commodity prices, geopolitical shocks, or an earlier-than-expected RBA easing. Traders are advised to wait for a daily close above 0.7220, use retest entries, and place stops below 0.7150.