AUD/USD Continues Upward Trend Despite Sideways Trading
The Australian Dollar is likely to continue its upward bias against the US Dollar, with expectations of sideways trading within a range of 0.6480 to 0.6520. Analysts believe that while an upward trend is evident, the AUD will need to break clearly above the 0.6555 level for further significant gains. Market participants should keep an eye on this pair as external factors could impact the Australian economy, influencing the AUD in the coming weeks. Maintain vigilance and readiness for potential trading opportunities as market conditions evolve.