# AUDUSD trades to a new low and looks to test a swing area target

> The Australian dollar fell to a session low of 0.6996 against the US dollar, its lowest since October 22, after failing at resistance near the 100-hour and 100-day moving averages around 0.7038. The pair is now testing a support swing area between 0.69898 and 0.69943.

- Date: 2026-11-02 · published 2026-11-02T21:27:31.109Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76212-audusd-trades-to-a-new-low-and-looks-to-test-a-swing-area-target
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

This is a technical price commentary with no new fundamental driver for feed commodities. A weaker Australian dollar slightly favors Australian grain and barley exports for buyers, but the effect here is marginal.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- investinglive.com: https://investinglive.com/technical-analysis/audusd-trades-to-a-new-low-and-looks-to-test-a-swing-area-target/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.