Australian dollar to Vietnamese dong rate steady after RBA minutes: AUD/VND faces seller pressure

Traders Union
All News
Currency
Australian Dollar vs Dong drops 0.52% today

Highlights

The Reserve Bank of Australia maintained a hawkish stance and signaled readiness to tighten policy further if global rates accelerate unexpectedly.
RBA expressed concern that a weaker Australian Dollar could boost imported inflation, keeping future intervention prospects elevated.
AUD/VND trades below key averages with technical indicators confirming selling pressure and a likely range of ₫17,928 to ₫18,108 in the next two days.

RBA tightening bias strengthens as currency faces imported inflation risk

The Reserve Bank of Australia (RBA) maintained a hawkish stance in the minutes released from its September policy meeting, emphasizing concerns that a weaker Australian Dollar could contribute to imported inflation. This published tone suggests that the RBA is prepared to tighten monetary policy further if global interest rates increase faster than anticipated, according to FXStreet. While these comments may increase prospects for future intervention, the outlook for the Australian Dollar vs Vietnamese Dong remains tied to evolving global monetary policy dynamics.

Bearish momentum intensifies as technical indicators signal oversold market

The hourly chart shows AUD/VND trading below the MA-20 at ₫18,097 and MA-50 at ₫18,075, with the daily MA-200 at ₫18,513. Immediate resistance is marked by the Ichimoku Kijun at ₫18,080, while support sits at ₫17,928. Momentum indicators remain negative: MACD and ADX both reflect ongoing selling, and the RSI at 28, alongside Stoch RSI and CCI readings, signals deeply oversold conditions. Sellers dominate the Bull/Bear Power reading, and the Awesome Oscillator remains aligned to the downside.

Downside risk elevated as selling persists near volatility support band

Over the next one to two trading days, AUD/VND is expected to trade between ₫17,928 and ₫18,108, reflecting its typical volatility band relative to current levels. There is a 76% probability of a further downward move, while recovery attempts are less likely unless the rate breaks and sustains above ₫18,080. Should selling persist and support at ₫17,928 fail, fresh momentum could reinforce the bearish move; a sideways range remains the baseline scenario.

Anton Kharitonov, expert at Traders Union, notes that AUD/VND is struggling below key moving averages, with technical signals firmly bearish and sentiment still under pressure. He sees the hawkish message from the RBA as a potential medium-term support, but not enough to change the weak short-term setup unless resistance at ₫18,080 is reclaimed. Downside risks remain elevated while momentum indicators stay negative. "Until we see sustained buying above ₫18,080, my outlook stays defensive and the base case is further weakness toward ₫17,928."

Earlier, analysts noted that Australian Dollar vs Vietnamese Dong was entrenched in a bearish structure with downside risks dominating the technical outlook. This perspective is reinforced by the continued weakness reflected in current momentum indicators, suggesting that traders should closely monitor whether the ₫17,928 support level can hold amid persistent selling pressure.

Source of Data: AUD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.