AUD/USD Remains in Trade Range as Momentum Slows
The AUD/USD pair’s current price movements suggest it remains trapped in a trading range between 0.6280 and 0.6330. Recent indicators show that while there has been some buildup in upward momentum, its pace is slowing down. If the pair breaches 0.6265, it could indicate a shift toward a more stable range instead of an upward recovery from the US Dollar. In a time of fluctuating market moods, traders should remain alert to potential changes and adapt strategies accordingly to these emerging trends.