AUD/USD Forecast: Consolidation Expected in a 0.6335/0.6370 Range
Market analysts expect the Australian Dollar (AUD) to trade within a 0.6335 to 0.6370 range against the US Dollar (USD). The UOB Group highlights consistent momentum behind the AUD, suggesting potential advances could push it up to approximately 0.6410 in the longer term. As economic indicators continue to influence trading, market participants should prepare for possible volatility within this range, assessing opportunities for strategic positioning.