The Australian dollar to US dollar currency pair AUD/USD is ending the trading week near the 0.6525 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 0.6575 level. Then, a downward rebound and a continuation of the decline in AUD/USD with a potential target below the 0.6125 level on the currency market.
AUD/USD Weekly Forecast July 21 — 25, 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 0.6765 level will cancel the decline of the AUD/USD currency pair in the current trading week of July 21 — 25, 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 0.7175. Confirmation of the decline will be a breakout of the support area and a close below the 0.6345 level, which will indicate a breakout of the lower boundary of the bullish correction channel.
AUD/USD Weekly Forecast July 21 — 25, 2025 suggests an attempt at a bullish correction and a test of the 0.6575 level. Further, the currency pair will continue to fall below the 0.6125 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 0.6765 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 0.7175.
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