The AUD/USD currency pair continues to move within the context of a developing downtrend. Moving averages indicate a short-term bearish trend. Prices have broken downward through the area between the signal lines, signaling selling pressure and a potential continued decline in the asset’s value from current levels. At the time of this forecast, the AUD/USD exchange rate stands at 0.6968. We anticipate an attempt to extend the decline and a test of the support area near 0.6905, followed by an upward price rebound and a rise in quotes above the 0.7135 level.
Australian Dollar Forecast AUD/USD for October 14, 2026
A bounce off the support line on the Relative Strength Index (RSI) will serve as an additional signal favoring a rise in the AUD/USD pair. A second signal supporting this scenario would be a bounce off the lower boundary of the bullish channel. The bullish scenario for the Australian Dollar on Forex would be invalidated by a price drop and a break below the 0.6865 level. This would signal a breach of the support zone and a continued decline for the AUD/USD pair, with a potential target below 0.6635. Confirmation of the pair’s rise should be sought upon a break of the resistance zone and a close above the 0.7025 level, indicating a breakout above the upper boundary of the descending channel.
Australian Dollar Forecast AUD/USD for October 14, 2026 anticipates a test of the support level near 0.6905, followed by a rise in the pair’s rate above 0.7135. An additional signal supporting an upward move would be a rebound off the trend line on the Relative Strength Index (RSI). The bullish scenario would be invalidated if the AUD/USD rate falls and breaks below the 0.6865 level; this would signal a continued decline with a potential target below 0.6635.
