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May 1, 2025

AUD USD Intraday Trading Remains Neutral

The AUD USD pair continues to trade within a defined range, signaling a neutral bias for intraday trading. Market analysts will watch for potential upside movement. If prices break above 0.6448, we can expect a resumption of the rebound from the previous low of 0.5913, potentially reaching the 61.8% Fibonacci retracement level at 0.6548. Traders should exercise caution and remain alert to shifts in sentiment that could impact the pair.

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