AUD/USD Maintains Bullish Bias Above Key Moving Average Cluster

AUD/USD is closing the trading week on a positive note, maintaining a bullish posture as the pair trades firmly above a critical cluster of moving averages. The pair remains supported above the 100-hour moving average at 0.7093, the 200-hour moving average at 0.7078, and the 100-bar moving average on the 4-hour chart at 0.7070. This confluence of moving averages between 0.7070 and 0.7093 represents a significant support zone that keeps buyers in control of the near-term price action. As long as AUD/USD holds above this cluster, the bullish bias remains intact, with traders likely targeting higher resistance levels in the sessions ahead. However, a decisive break below 0.7070 would tarnish the bullish outlook and potentially shift momentum back in favor of sellers, opening the door for a deeper retracement. Traders should monitor this moving average cluster closely as it serves as the key inflection point for determining near-term directional bias heading into the new trading week.