The Australian Dollar to US Dollar currency pair AUD/USD continues to move within a downward trend and a bullish channel. Moving averages indicate a short-term upward trend. Prices are again testing the area between the signal lines, which indicates pressure from the bulls of the currency pair and a potential continuation of the instrument’s growth from current levels. At the time of publication of the forecast, the Australian dollar to US dollar exchange rate is 0.6503. Now, we can expect an attempt to develop an uptrend and test the resistance area near the 0.6555 level. Further, a rebound in prices downwards and a continuation of the decline in quotes to the area below the 0.6395 level.
Australian Dollar Forecast AUD/USD for June 18, 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 upper border of the bullish channel. A strong rise in prices and a breakout of the 0.6625 level will cancel the scenario of a fall in the Australian dollar on Forex. This will indicate a breakout of the support area and a continuation of the decline in the AUD/USD currency pair with a potential target below the 0.6225 level. Confirmation of the pair’s growth should be expected with a breakout of the resistance area and the closing of quotes above the 0.6475 level.
Australian Dollar Forecast AUD/USD for June 18, 2025 suggests an attempt to test the resistance level near the 0.6465 area. Further, the pair will continue to fall below the 0.6585 level. An additional signal in favor of a decline in the pair will be a rebound from the trend line on the relative strength indicator. A strong rise in AUD/USD quotes and a breakout of the 0.6635 area will cancel the decline scenario. This will indicate a continuation of the growth in quotes with a potential target above the 0.6845 level.
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