FX.co ★ EUR/USD

Technical Analysis of AUD/USD Forex Pair Overview The AUD/USD currency pair has been on a notable downward trend since mid-September 2025. The price is currently trading at *0.65122*. Let's break down the technical analysis using trend lines and indicators to predict potential market movements. Trend Analysis *Downward Trend*: The pair has been in a clear downward trend since mid-September, with the price making lower highs and lower lows. *Trend Line*: Drawing a trend line connecting the highs since September would show a strong bearish trend. Indicators *Relative Strength Index (RSI)*: The RSI(14) is currently at *46.01*, which is in the neutral zone. This suggests that the pair is neither overbought nor oversold. *Moving Averages*: The price is below the key moving averages, indicating bearish sentiment. Support and Resistance Levels *Current Price*: 0.65122 *Resistance*: The price has faced resistance around 0.65300-0.65400 levels. A break above this could signal a reversal. *Support*: The current price is near support levels. A break below could lead to further downside. Potential Scenarios 1. *Bearish Scenario*: If the price continues to trade below the moving averages and breaks the current support, we might see further downside. 2. *Bullish Scenario*: A break above the resistance level could signal a potential reversal and upside movement. Conclusion The AUD/USD pair is in a strong downward trend. Traders might look for short positions near resistance levels or wait for a clear price reversal before taking a position.