AUD/USD Set to Retest 0.6220 Level as Momentum Builds
Traders may see the Australian Dollar (AUD) retest the 0.6220 level soon. Analysts suggest that while further decline is a possibility, any drops are not expected to reach 0.6185 at this point. An increase in momentum indicates that the AUD could maintain its position. Nonetheless, traders should remain cautious until indicators confirm direction. Monitoring market trends will be essential for identifying profitable opportunities.