The Australian Dollar to US Dollar (AUD/USD) currency pair is ending the trading week with a correction near 0.6885. The pair continues to move within a bullish 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 at a bearish correction and a test of the support area near 0.6845. This will then lead to an upward rebound and continued growth in AUD/USD with a potential target above 0.7435 in the forex market.
AUDUSD Weekly Forecast April 6 – 10, 2026
An additional signal in favor of the pair’s growth on Forex will be a rebound from the lower boundary of the bullish channel. A second signal will be a rebound from the ascending trend line on the relative strength indicator (RSI); it’s worth noting that there have already been several rebounds from this line. A decline and a breakout of 0.6625 will cancel out the AUD/USD’s growth potential during the current trading week, April 6-10, 2026. This will indicate a breakout of the support level and a continued decline in the Australian Dollar on Forex, with a potential target at 0.6345. A breakout of the resistance area and a price close above 0.7045 will confirm continued growth.
AUDUSD Weekly Forecast April 6 – 10, 2026 suggests an attempt to develop a bearish correction and test the 0.6845 level. Further growth is expected above 0.7435. A test of the trendline on the relative strength indicator (RSI) will support the pair’s upside this trading week. A decline and a breakout of the 0.6625 area will cancel out the upward trend. This will indicate a breakout of the support area and continued decline with a target below 0.6345.
