US dollar jumps across the board as Wall Street tumbles. AUD/USD drops to 0.7680 before rebounding, remains under pressure. The AUD/USD accelerated the decline during the American session and fell to 0.7680, hitting the lowest level since Tuesday. As of writing, it trades at 0.7700, still under pressure. The decline took place amid a rally of the US dollar across the board. The Aussie and the Kiwi were among the most affected by a sharp decline in equity markets around the world. The DXY climbed to 90.75, the strongest level since December 22. A decline in US bond yields limited the upside. Still, the momentum favors the greenback. Weaker-than-expected US economic data did not weigh on the dollar. In Wall Street, the Dow Jones is falling 0.75%, at the lowest since January 6. The Nasdaq drops by 0.70%. After Fed’s Powell speech and Biden’s stimulus package, investors now appear to be focusing on other things that do not look so positive at the moment. Short-term outlook From a technical perspective, AUD/USD is testing the 100-SMA in 4-hour around 0.7685; a consolidation below would expose the weekly low at 0.7664. Below, the next support stands at 0.7635/40. If it holds above 0.7700, the Aussie should keep the pressure under control. Technical levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD falls victim to strong US dollar pick up, slides beneath 1.3600 FX Street 2 years US dollar jumps across the board as Wall Street tumbles. AUD/USD drops to 0.7680 before rebounding, remains under pressure. The AUD/USD accelerated the decline during the American session and fell to 0.7680, hitting the lowest level since Tuesday. As of writing, it trades at 0.7700, still under pressure. The decline took place amid a rally of the US dollar across the board. The Aussie and the Kiwi were among the most affected by a sharp decline in equity markets around the world. The DXY climbed to 90.75, the strongest level since December 22. A decline in US bond yields limited… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.