AUD/USD Trading Outlook: Expected Range Between 0.6255 and 0.6320, UOB Group Highlights
The Australian Dollar (AUD) is expected to fluctuate within a range of 0.6255 to 0.6320 against the US Dollar (USD). Current price movements appear to indicate a broader range trading phase between 0.6215 and 0.6355. Analysts from UOB Group emphasize that monitoring the Australian Dollar’s performance against the USD will be crucial for traders looking for opportunities as price activity develops. Keeping an eye on important technical levels will be important for managing positions and assessing the likelihood of any breakouts.