10 Oct 2025
AUD/USD Weakness Seems Likely – UOB Group
The Australian Dollar remains under pressure as bearish momentum strengthens. UOB Group analysts Quek Ser Leang and Peter Chia note that further AUD/USD weakness is likely, though oversold conditions could limit losses for now.
In the short term, the pair may not reach the key support at 0.6520, with 0.6540 expected to provide temporary support. Resistance is seen at 0.6575 and 0.6615, and as long as the price stays below these levels, the broader trend remains bearish.
Overall, AUD/USD is expected to continue its decline toward the late-September low near 0.6520, unless a clear break above 0.6615 occurs.
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