The Australian Dollar to US Dollar (AUD/USD) currency pair continues to move within a developing correction and bearish channel. Moving averages indicate a short-term downtrend. Prices have broken below the area between the signal lines, indicating downward pressure from bears on 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 0.6574. At this point, we should expect an attempt at a bullish correction and a test of the resistance area near 0.6605. Subsequently, a downward rebound and a continued decline below 0.6485 are expected.
Australian Dollar Forecast AUD/USD for October 1, 2025
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 bearish channel. A strong price increase and a breakout of 0.6615 would cancel the scenario of a decline in Australian Dollar quotes on Forex. This would indicate a breakout of the resistance area and continued growth of the AUD/USD currency pair, with a potential target above 0.6775. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below 0.6535.
Australian Dollar Forecast AUD/USD for October 1, 2025 suggests an attempt to test the resistance level near 0.6605. Subsequently, a continued decline in the pair below 0.6485. An additional signal in favor of the pair’s decline would be a rebound from the trend line on the relative strength indicator. The downside scenario would be cancelled if AUD/USD quotes rise strongly and break above 0.6615. This would indicate a continued rally with a potential target above 0.6775.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
