The AUD/USD currency pair (Australian Dollar vs. US Dollar) is ending the trading week with a decline, settling near the 0.7136 area. The pair continues to move within a bullish channel while forming a “Triangle” pattern. Moving averages indicate an upward trend. Prices have broken upward through the area between the signal lines, signaling growing buying pressure and a potential continued rise in the pair’s value. In the immediate term, we can expect an attempt to extend the decline and a test of the support area near the 0.7025 level. This would be followed by an upward rebound and a resumption of the AUD/USD pair’s growth, targeting levels above 0.7525.
AUDUSD Weekly Forecast September 28 – October 3, 2026
An additional signal favoring an upward move for the pair is a rebound from the lower boundary of the “Triangle” pattern. A second signal would be a rebound from the support line on the Relative Strength Index (RSI). The bullish scenario for the AUD/USD pair during the week of September 28 – October 3, 2026, would be invalidated by a drop and a breakout below the 0.6845 level. Such a move would indicate a breach of support and a continued decline for the Australian Dollar, targeting the 0.6605 level. Confirmation of an upward move would come from a breakout above the resistance area and a close above 0.7265, signaling a break of the Triangle’s upper boundary and the start of the pattern’s upside targets.
AUDUSD Weekly Forecast September 28 – October 3, 2026 anticipates an attempt at a bearish correction and a test of the 0.7025 level, followed by a resumption of the pair’s growth toward the 0.7525 level. A test of the trend line on the RSI indicator supports the case for an upward move this week. The bullish scenario would be invalidated by a drop and a breakout below the 0.6845 area, signaling a breach of support and a continued decline for the pair toward targets below 0.6605.
