The Australian dollar/US dollar currency pair AUD/USD is ending the trading week near the 0.6579 area. The pair continues to move within the correction and downward channel. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines upwards, indicating 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 0.6645 level. Then, a rebound downwards and a continuation of the decline in AUD/USD with a potential target below the 0.6065 level on the currency market.
AUD/USD Weekly Forecast July 14 — 18, 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 0.6845 level will cancel the decline of the AUD/USD currency pair in the current trading week of July 14 — 18, 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 0.7285. 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 boundary of the bullish correction channel.
AUD/USD Weekly Forecast July 14 — 18, 2025 suggests an attempt at a bullish correction and a test of the 0.6645 level. Further, the currency pair will continue to fall below the 0.6065 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 0.6845 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 0.7285.
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