The AUD/USD pair is correcting in a sideways direction around the 0.6221 mark: the Australian currency maintains a neutral dynamic, which in the second half of the week is shifting towards a decrease amid high trading activity in the American dollar.

A fall is possible.

On the weekly chart, the downward wave of the highest level B develops, within which the wave (C) of B forms. On the daily chart, the third wave 3 of (C) is developing, within which the wave i of 3 is forming. If the assumption is correct, the AUD/USD pair will fall to the area of 0.6162–0.6052. In this scenario, critical stop loss level is 0.6544.

The AUD/USD pair is showing a fairly active decline, developing a strong "bearish" impetus formed the day before. The instrument is testing 0.6310 for a breakdown, updating the record lows of October 2023.

The AUD/USD pair is moving within a medium-term upward trend, testing 0.6347 (Murrey level [0/8]) around ​​five-month lows.

After renewing the August low of 0.6350 this week, the AUD/USD pair is increasing against the Australian labor market statistics.