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April 4, 2025

AUD/USD Expected to Trade in Range Until Break Above 0.6410

Despite earlier gains, the Australian dollar is most likely to trade between 0.6260 and 0.6360. UOB analysts note that to see further advances, AUD must convincingly break above the critical resistance at 0.6410. This outlook emphasizes the need for traders to prepare for potential range-bound trading as momentum seems weak. As the analysis unfolds, keeping the resistance point in sight will be valuable for future trades.

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