AUD/USD: Downward Momentum Indicates Lower Trading Range Ahead
The AUD/USD pair is currently experiencing a slight increase in downward momentum. Analysts foresee the development of a lower trading range between 0.6215 and 0.6265. For the time being as the market evolves, the AUD is expected to remain within a broader range of 0.6180 and 0.6310. Traders should be alert to adjustments in this range that may impact trading strategies moving forward.