The Australian Dollar to US Dollar (AUD/USD) currency pair continues to move within a developing correction and forming a Head and Shoulders reversal pattern. Moving averages indicate a short-term uptrend. Prices have broken above the signal lines, indicating upward pressure from bulls on the currency pair and potential continued price growth from current levels. At the time of publication of this forecast, the Australian Dollar to US Dollar exchange rate is 0.6599. Currently, we expect an attempt at a bearish correction and a test of the support area near 0.6565. Subsequently, an upward rebound and continued growth above 0.6695 are expected.
Australian Dollar Forecast AUD/USD for October 2, 2025
An additional signal favoring an uptrend for 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 would be a rebound from the upper boundary of the bearish channel. A reversal of the Australian Dollar’s upward trend on Forex would be a price decline and a breakout of 0.6505. This would indicate a breakout of the support area and continued decline in the AUD/USD currency pair, with a potential target below 0.6345. Confirmation of the pair’s growth should be expected with a breakout of the resistance area and a close above 0.6655, which would indicate a breakout of the upper boundary of the Head and Shoulders reversal pattern.
Australian Dollar Forecast AUDUSD for October 2, 2025 suggests an attempt to test the support level near 0.6565. Subsequently, continued growth above 0.6695. An additional signal in favor of the pair’s upside would be a rebound from the trend line on the relative strength indicator. The upside scenario would be cancelled if AUD/USD quotes fall and break the 0.6505 level. This would indicate a continued decline with a potential target below 0.6345.
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