Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026

The Reserve Bank of Australia's decision to pause its monetary tightening cycle after three consecutive cash rate hikes has deprived the AUD/USD pair of its main advantage. However, that advantage was not the only driver behind the aussie's rally. Let's discuss this topic and develop a trading plan.Major TakeawaysThe RBA is not expected to raise interest rates. China's economy is slowing down. Stock indices are supporting the Australian dollar. The direction of the AUD/USD depends on the US empl