The Australian Dollar to US Dollar (AUD/USD) currency pair is ending the trading week near the 0.6536 area. The pair continues to move within a developing correction and a descending channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, indicating pressure from asset buyers and potential continued growth in the currency pair. Currently, we should expect an attempt to develop a bullish correction and a test of the resistance area near 0.6585. This will then lead to a downward rebound and continued decline in AUD/USD with a potential target below 0.6095 in the forex market.
AUD/USD Weekly Forecast November 17 – 21, 2025
An additional signal favoring a decline in the Forex pair will be a rebound from the upper boundary of the Head and Shoulders reversal pattern. A second signal will be a rebound from the descending resistance line on the Relative Strength Index (RSI). A strong rally and a breakout of 0.6805 will cancel out the AUD/USD decline in the current trading week, November 17-21, 2025. This will indicate a breakout of the resistance level and continued growth in the Australian Dollar on Forex, with a potential target at 0.7265. A breakout of the support area and a price close below 0.6345 will confirm the continuation of the decline, signaling a breakout of the lower boundary of the Head and Shoulders reversal pattern and the beginning of the pattern’s implementation with targets below. No important news from Australia that could impact the Australian Dollar exchange rate is expected, so the pair will continue to move within the technical analysis framework.
AUD/USD Weekly Forecast November 17 – 21, 2025 suggests an attempt to develop a bullish correction and test the 0.6585 level. Subsequently, the currency pair is expected to continue falling below 0.6095. A test of the trend line on the relative strength indicator (RSI) will support a decline in the pair this trading week. A strong rally and a breakout of the 0.6805 area would cancel out the downside scenario. This would indicate a breakout of the resistance area and a continued rise in the pair with a target above 0.7265.
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