The Australian Dollar to US Dollar (AUD/USD) currency pair continues to move higher and form a bearish “Wolfe Wave” pattern. Moving averages indicate a short-term bullish trend. Prices have broken above the signal lines, indicating upward pressure from buyers and potential continued price growth from current levels. At the time of this forecast, the Australian Dollar to US Dollar exchange rate is 0.6709. Currently, we expect an attempt to continue rising and a test of the resistance area near 0.6725. Subsequently, a downward rebound and a continued decline below 0.6565 are expected.
Australian Dollar Forecast AUDUSD for December 29, 2025
An additional signal in favor of the AUD/USD currency pair will be a rebound from the resistance line on the relative strength indicator (RSI). The second signal supporting this scenario would be a rebound from the upper boundary of the bearish Wolfe Wave pattern. A strong price increase and a breakout of 0.6785 would cancel out the downward trend in the Australian Dollar on Forex. This would indicate a breakout of the resistance area and continued growth in the AUD/USD currency pair, with a potential target above 0.6895. Confirmation of the pair’s decline should be expected with a breakout of the support area and a close below 0.6655, which would indicate a breakout of the lower boundary of the Wolfe Wave pattern.
Australian Dollar Forecast AUDUSD for December 29, 2025 suggests an attempt to test the resistance level near 0.6725. Subsequently, the pair’s decline should continue above 0.6565. An additional signal supporting a decline in the pair will be a rebound from the trend line on the relative strength indicator. A decline in AUD/USD quotes and a breakout of the 0.6785 area will cancel the downside scenario. This will indicate continued growth with a potential target above 0.6895.
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