The Australian Dollar (AUD) is projected to trade within a range of 0.6380 to 0.6445 against the US Dollar (USD). The current downward momentum indicates stability but has not intensified significantly. A breach of 0.6370 may indicate that the ongoing price fluctuations are part of a range trading phase. Traders should keep an eye on these levels for making informed decisions. It’s important to stay updated with the market trends, economic reports, and central bank strategies that could influence this currency pair. Such insights can guide strategic trading throughout this phase.