The Australian Dollar to US Dollar AUD/USD currency pair continues to move within the growth and bullish channel. Moving averages indicate the presence of a short-term bullish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from the bulls of the currency pair and a potential continuation of the growth in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6566. At the moment, we should expect an attempt to develop a decline and a test of the support area near the level of 0.6545. Next, the price will bounce up and continue to grow in the area above the level of 0.6665.
Australian Dollar Forecast AUD/USD for July 4, 2025
An additional signal in favor of the growth of the AUD/USD currency pair will be a rebound from the support line on the relative strength indicator (RSI). The second signal in favor of this scenario will be a rebound from the lower border of the bullish channel. The scenario with the growth of the Australian Dollar quotes on Forex will be canceled by a drop in prices and a breakout of the level of 0.6505. This will indicate a breakout of the support area and a continuation of the fall of the AUD/USD currency pair with a potential target below the level of 0.6325. Confirmation of the rise of the pair should be expected with a breakout of the resistance area and closing of quotes above the level of 0.6605.
Australian Dollar Forecast AUD/USD for July 4, 2025 suggests an attempt to test the support level near the 0.6545 area. Further, the pair’s quotes will continue to grow above the 0.6665 level. An additional signal in favor of the pair’s rise will be a rebound from the trend line on the relative strength indicator. The cancellation of the growth option will be a fall in AUD/USD quotes and a breakout of the 0.6505 area. This will indicate a continuation of the quotes’ decline with a potential target below the 0.6325 level.
