# 0.6900 gives way: AUD/USD price forecast as bearish bias persists

> AUD/USD traded near 0.6880 on Friday, extending its decline for a second consecutive day. Technical indicators pointed to continued downside pressure, with support identified near 0.6833 and resistance near 0.6970.

- Date: 2026-11-06 · published 2026-11-06T09:11:09.616Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/83696-0-6900-gives-way-aud-usd-price-forecast-as-bearish-bias-persists
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Australian dollar can lower the USD cost of Australian exports, but this technical outlook does not establish a change in commodity supply or demand.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-price-forecast-slips-below-06900-as-bearish-bias-prevails-202611060706
- tmgm-asia.com: https://www.tmgm-asia.com/eng/analysis/market-news/article/aud-usd-price-forecast-slips-below-06900-as-bearish-bias-prevails-202611060706

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.