The Australian dollar to US dollar currency pair AUD/USD is ending the trading week near the 0.6502 area. The pair continues to move within the framework of a downward trend and a descending channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of the currency pair’s growth. At the moment, we should expect an attempt at a bullish correction and a test of the resistance area near the 0.6545 level. Then, a downward rebound and a continuation of the AUD/USD decline with a potential target below the 0.5975 level on the currency market.
AUD/USD Weekly Forecast August 18 — 22, 2025
An additional signal in favor of a decline in the pair on Forex will be a rebound from the upper border of the downward channel. The second signal will be a rebound from the resistance line on the relative strength index (RSI). A strong rise and a breakout of the 0.6745 level will cancel the decline of the AUD/USD currency pair in the current trading week of August 18 — 22, 2025. This will indicate a breakout of the resistance level and a continuation of the Australian dollar’s growth on Forex with a potential target at 0.7135. Confirmation of the decline will be a breakout of the support area and a close below the level of 0.6305, which will indicate a breakout of the lower border of the bullish correction channel.
AUD/USD Weekly Forecast August 18 — 22, 2025 suggests an attempt at a bullish correction and a test of the 0.6545 level. Further, the currency pair will continue to fall below the 0.5975 level. The test of the trend line on the relative strength indicator will support the decline of the pair in the current trading week. A strong growth and a breakout of the 0.6745 area will cancel the decline scenario. This will indicate a breakout of the resistance area and a continuation of the pair’s rise with a target above 0.7135.
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