The Australian Dollar to US Dollar (AUD/USD) currency pair continues to decline and is beginning to implement a “Wedge” reversal pattern. Moving averages indicate a short-term uptrend. Prices have broken below the signal lines, indicating downward pressure from sellers of the currency pair and a potential further decline from current levels. At the time of this forecast, the Australian Dollar to US Dollar exchange rate is 0.6681. Currently, we expect an attempt to rally and test the resistance area near 0.6715. Subsequently, a downward rebound and a continued decline to below 0.6545 are expected.
Australian Dollar Forecast AUD/USD for January 9, 2026
An additional signal favoring a decline in the AUD/USD currency pair will be a rebound from the resistance line on the relative strength indicator (RSI). The second signal in favor of this scenario would be a rebound from the upper boundary of the “Wedge” reversal pattern. A strong price increase and a breakout of 0.6815 would cancel the downward scenario for the Australian Dollar on Forex. This would indicate a breakout of the resistance area and continued growth for the AUD/USD currency pair, with a potential target above 0.6985. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below 0.6635.
Australian Dollar Forecast AUD/USD for January 9, 2026 suggests an attempt to test the resistance level near 0.6715. Subsequently, a continued decline in the pair below 0.6545. An additional signal in favor of the pair’s decline would be a rebound from the trend line on the relative strength indicator. A strong rise in AUD/USD quotes and a breakout of the 0.6815 area would cancel the bearish scenario. This would indicate continued price growth with a potential target above 0.6985.
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