AUD/USD Holds Key Breakout Near 0.7100: Strategic Implications for Q3

AUD/USD is holding a critical breakout near 0.7100 during the European session, signaling potential strength. Analysis focuses on RBA-Fed divergence, with the RBA's hawkish stance providing support. Technicals show 0.7100 as new support. Strategic insights emphasize monitoring commodity prices, yield differentials, and global risk sentiment. Economic data will be key for short-term direction, with a cautious but optimistic outlook above 0.7100.