The Australian Dollar/US Dollar (AUD/USD) currency pair is ending the trading week with gains, positioned near the 0.6869 area. The pair continues its downward movement, beginning the formation of a “Triangle” pattern. Moving averages indicate an overall uptrend; however, prices have broken below the area between the signal lines, signaling increased selling pressure and the potential for a continued decline in the currency pair. In the near term, we should expect an attempt at a bullish correction, testing the resistance zone near the 0.6945 level. This would likely be followed by a downward rebound and a continued decline in the AUD/USD pair, with a potential target below the 0.6515 level.
AUDUSD Weekly Forecast November 9 – 13, 2026
An additional signal supporting a decline in the pair is a rebound from the lower boundary of the “Triangle” pattern. A second signal would be a rebound from the resistance line on the Relative Strength Index (RSI) indicator. The bearish scenario for the week of November 9–13, 2026, would be invalidated by a strong rally that breaks above the 0.7060 level. Such a move would indicate a breakout of the resistance zone and a continued rise for the Australian Dollar, with a potential target at 0.7305. A breakdown of the support zone—confirmed by prices closing below 0.6825—would further validate the downward trend.
AUDUSD Weekly Forecast November 9 – 13, 2026 anticipates an attempt at a bullish correction, testing the 0.6945 level, followed by a resumption of the decline toward levels below 0.6515. A test of the trend line on the RSI indicator would further support a decline this week. Conversely, a strong rally breaking through the 0.7060 area would invalidate the bearish outlook, signaling a breakout of the resistance zone and the continuation of an upward trend. pairs with a target above 0.7305.
