The Australian dollar faces pressure after the data index data

• The Australian dollar stops near 0.6400 despite the previous gains.
• Morality after the data of the Procurement Manager Index reduces the appetite for risk and benefits the US dollar.
• The Australian Studied Reserve Status reduces deeper facilitation bets and may limit the declining direction.

The Austral/USD/USD dollar pair is facing sale pressure near 0.6400 after the data of the Standard & Poor Global Procurement Manager Index for the United States for the month of February. Although traders consider the agenda of the definitions that President Donald Trump has developed in the beginning, the Australian Reserve Bank (RBA) position on reducing interest rates also limits the Australian dollar’s attempt to extend its last height.

Daily market engines: The Australian dollar falls with disappointment

• The American Manufacturing Manager Index came at 51.6, exceeding 51.5 expectations, however, the Servant Procurement Manager Index shrinks to 49.7, which is a significant decrease compared to the estimates of 53.0 – which undermines broader economic optimism.
• The consumer confidence index fell from the University of Michigan without expectations, while the consumer inflation expectation increased for five years over expectations, reflecting continuous concerns about prices.
• The US dollar index (DXY) traded around 106.60, initially supported by good manufacturing data, but later retreated due to disappointing services.
• Fears of the definitions continue despite the signs that indicate that the proposed measures of Trump may be less severe, as allies continue negotiations. The market is still cautious about the potential escalation against the main commercial partners, including China.
• The Australian dollar (AUD) is slightly, although the Australian Banking Bank’s discourse Michelle Bullock, which highlights the risk of stopping interest rates, may provide some support.
• The former Australian Reserve Bank has been referred to by 25 basis points to 4.10% as a cautious step in light of the signs of slowdown. Analysts expect another 25 basis reduction in 2025 unless the Consumer Prices Index trends (CPI) change significantly.

The technical expectations of Aud/USD husband: The bulls fail to extend the height, the husband swings without major resistance

The AUD/USD dollar pair after the 0.6400 level test, abandoning a portion of the previous gains in light of the results of the American Procurement Manager Index. The RSI is still in a higher positive area but is now in a state of decline, indicating a decrease in bullish pressure. At the same time, the repetitive runway of the spacing and rapprochement indicator (MACD) records flat green bars, indicating slowdown in the momentum.

Although the pair is still above the simple moving average for 20 days, the failure to penetrate the simple moving average for 100 days highlights a possible consolidation stage, leaving traders in a state of anticipation for more developments on definitions or federal reserve policy to determine the next directional signal.