USD in the spotlight: expected rise in US job openings could push AUDUSD lower

After a sharp rally, the AUDUSD pair continues to correct ahead of US data. The AUDUSD rate is testing 0.7020. Discover more in our analysis for 13 March 2026.

AUDUSD forecast: key takeaways

• US job openings (JOLTS): previously at 6.542 million, projected at 6.760 million
• The USD continues to strengthen ahead of US data
• AUDUSD forecast for 13 March 2026: 0.6970

Fundamental analysis

Today’s AUDUSD outlook favours the US dollar, which has a strong chance to continue recovering against the Australian dollar. The pair is currently trading around 0.7020.

US job openings (JOLTS) is an economic indicator that shows the number of unfilled jobs in the country at the end of the month. The report is published by the US Bureau of Labor Statistics and provides insight into labour demand, the level of economic activity, and the balance between employers and job seekers.

JOLTS helps assess labour market dynamics: high vacancies indicate solid economic activity and rising demand for workers, while a low reading may signal business difficulties and slowing growth. The data can be taken into account when making relevant decisions.

The forecast for 13 March 2026 suggests that job openings could increase to 6.760 million from the previous 6.542 million. A stronger-than-expected figure could support the US dollar, while a reading below the forecast could push the AUDUSD pair higher.

Overall, US macroeconomic data looks supportive for the USD. In the current environment, it may provide additional support to the dollar and trigger a further decline in the AUDUSD pair.

Technical outlook

On the H4 chart, AUDUSD tested the upper Bollinger Band and formed a Shooting Star reversal pattern. At this stage, quotes continue to develop a downward wave following the signal. A target for the correction is the 0.6970 support level.

The AUDUSD forecast for 13 March 2026 also considers an alternative scenario: the pair may form an upward wave towards the nearest resistance level at 0.7070 without testing support.

AUDUSD overview

• Asset: AUDUSD
• Timeframe: H4 (Intraday)
• Trend: bearish
• Key resistance levels: 0.7070 and 0.7170
• Key support levels: 0.6970 and 0.6910

AUDUSD trading scenarios for today

Main scenario (Sell Stop)

A breakout and consolidation below 0.6970 would open the way for continued downward movement. Additional support for the bearish scenario could come from further USD strength. The risk-to-reward ratio is approximately 1:2.

• Sell Stop: 0.6970
• Take Profit: 0.6910
• Stop Loss: 0.7000

Alternative scenario (Buy Stop)

A consolidation above 0.7070 would signal the return of buyers and cancel the bearish bias. In this case, the pair may rise towards 0.7170.

• Buy Stop: 0.7070
• Take Profit: 0.7170
• Stop Loss: 0.7040

Risk factors

Risks for the Australian dollar include further USD strengthening amid hawkish Federal Reserve rhetoric, strong US macroeconomic data, and easing geopolitical tensions.

Summary

The USD continues to pressure the Australian dollar ahead of US labour market data. AUDUSD technical analysis suggests a decline towards 0.6970.

Open Account

Editors’ picks

EURUSD 2026-2027 forecast: key market trends and future predictions

This article provides the EURUSD forecast for 2026 and 2027 and highlights the main factors determining the direction of the pair’s movements. We will apply technical analysis, take into account the opinions of leading experts, large banks, and financial institutions, and study AI-based forecasts. This comprehensive insight into EURUSD predictions should help investors and traders make informed decisions.

Gold (XAUUSD) forecast 2026 and beyond: expert insights, price predictions, and analysis

Dive deep into the Gold (XAUUSD) price outlook for 2026 and beyond, combining technical analysis, expert forecasts, and key macroeconomic factors. It explains the drivers behind gold’s recent surge, explores potential scenarios including a move toward 4,500 to 5,000 USD per ounce, and highlights why the metal remains a strong hedge during global uncertainty.