AUDUSD Price May Bounce Up at $0.64 Support Line

Bullish movement may commence in AUDUSD market

AUDUSD Price Analysis – 06 August

The price may be increased to roughly $0.66 or even $0.67 if buyers are willing to pay more than the $0.65 hedge. Prices may fall to the $0.63 and $0.62 support levels if sellers are able to drive the market below the $0.64 support position.

Key levels:

Resistance levels: $0.65, $0.66, $0.67

Support levels: $0.64, $0.63, $0.62

AUDUSD Long-term Trend: Bearish

After testing the $0.65 mark, the AUDUSD’s value declines every day. A triple bottom chart pattern appeared on April 9 as the currency brace started to rise. The sweat of the bulls caused the price to rise to $0.65. By the time transactions started to fail, the price had decreased from the original estimate to $0.64. At $0.64, the AUDUSD price reaches the cutoff. The $0.63 hedge is the subject of an update. This week, the $0.63 support level is still being examined. The current situation supports the bears’ prediction of a steep decline to $0.64.

.64 Support Line" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/08/Daily-15.png"/>

When the red QQE MOD indicator’s histogram drops below zero, it represents a sell forex signal. The price may be increased to roughly $0.66 or even $0.67 if buyers are willing to pay more than the $0.65 hedge. Prices may fall to the $0.63 and $0.62 support levels if sellers are able to drive the market below the $0.64 support position. The request is considered bearish when the currency brace clears the Hull Suite forex signals index downward.

AUDUSD medium-term Trend: Bearish

The 4-hour chart of the Australian bone indicates an upward trend. For more than two days, the currency brace’s movement was restrained by the $0.61 hedging position. Prices ranged from $0.61 to $0.62. More bearish candles burned this week as the price began to drop below the dynamic hedge position. The 4-hour candle that ended below $0.65 the week before appeared erratic on the chart. However, the growing declination may persist if the prior movement restriction is lifted.

.64 Support Line" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/08/4-hours-12.png"/>

The AUDUSD request may continue to decline, in my opinion. Both the red histogram and the QQE MOD are below zero and exhibit a clear decreasing trend.

Start using a world-class auto trading solution

 You can purchase Lucky Block here. Buy LBLOCK