The Australian Dollar to US Dollar (AUD/USD) currency pair continues to move within a falling channel. Moving averages indicate a short-term bearish trend. 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 publication of this forecast, the Australian Dollar to US Dollar exchange rate is 0.6852. Currently, we expect an attempt at a bullish correction and a test of the resistance area near 0.6885. Subsequently, a downward rebound and a continued decline below 0.6745 are expected.
Australian Dollar Forecast AUD/USD for March 31, 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 descending channel. A strong price increase and a breakout of 0.6925 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 0.7005. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below 0.6770, which would indicate a breakout of the lower boundary of the descending channel.
Australian Dollar Forecast AUD/USD for March 31, 2026 suggests an attempt to test the resistance level near 0.6885. Subsequently, a continued decline below 0.6745. 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 and a breakout of 0.6925 would cancel the downward scenario. This indicates a continued rise in quotes with a potential target above 0.7005.
