The Australian Dollar to US Dollar (AUD/USD) currency pair continues to move within a developing correction and descending channel. Moving averages indicate a short-term bearish trend. Prices have broken upwards through the area between the signal lines, indicating buying pressure on the currency pair and potential continued price growth from current levels. At the time of publication of this forecast, the Australian Dollar to US Dollar exchange rate is 0.6943. At this point, we should expect an attempt at a bullish correction and a test of the resistance area near 0.6965. Subsequently, a downward rebound and a continued decline to below 0.6795 are expected.
Australian Dollar Forecast AUD/USD for July 14, 2026
An additional signal supporting a decline in the AUD/USD currency pair will be a rebound from the resistance line on the relative strength indicator (RSI). A second signal supporting this scenario will be a rebound from the upper boundary of the downward channel. A strong price increase and a breakout of 0.7005 would cancel out the downward scenario for the Australian Dollar on Forex. This would indicate a breakout of the resistance area and continued uptrend for the AUD/USD currency pair, with a potential target above 0.7175. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below 0.6905, which would signal a breakout of the lower boundary of the bullish correction channel.
Australian Dollar Forecast AUD/USD for July 14, 2026 suggests an attempt to test the resistance level near 0.6965. Subsequently, the pair’s decline should continue below 0.6795. An additional signal supporting a decline in the pair 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 0.7005 level would cancel out the downside scenario. This would indicate a continued rally with a potential target above 0.7175.
