The Australian Dollar to US Dollar currency pair AUD/USD continues to move within the correction and downward channel. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines downwards, indicating pressure from the currency pair’s bears and a potential continuation of the instrument’s decline from current levels. At the time of publication, the Australian Dollar to US Dollar exchange rate is 0.6545. At the moment, we should expect an attempt at a bullish correction and a test of the resistance area near the 0.6555 level. Further, a rebound in prices downwards and a continuation of the decline in quotes to an area below the 0.6335 level.
Australian Dollar Forecast AUD/USD for August 15, 2025
An additional signal in favor of a decline in the AUD/USD currency pair will be a rebound from the resistance line on the relative strength index (RSI). The second signal in favor of this scenario will be a rebound from the lower border of the bullish channel. A strong rise in prices and a breakout of the 0.6605 level will cancel the scenario of a decline in the Australian dollar on Forex. This will indicate a breakout of the resistance area and a continuation of the growth of the AUD/USD currency pair with a potential target above the 0.6825 level. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below the 0.6465 level, which would indicate a breakout of the lower boundary of the head and shoulders reversal pattern and the beginning of the pattern’s realization with targets below.
Australian Dollar Forecast AUD/USD for August 15, 2025 suggests an attempt to test the resistance level near the 0.6555 area. Further, the pair will continue to fall below the 0.6335 level. An additional signal in favor of the pair’s decline will be a rebound from the trend line on the relative strength indicator. A strong rise in the AUD/USD quotes and a breakout of the 0.6605 area will cancel the decline scenario. This will indicate a continuation of the rise in quotes with a potential target above the 0.6825 level.
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