The AUD/USD pair shows slight gains in Thursday’s Asian session, trading around the 0.6440 mark after experiencing a decline of over 1% in the previous session. The pair had reached a five-month high of 0.6514 on Wednesday but pulled back sharply in response to the Federal Reserve’s cautious outlook on monetary policy. Traders should keep a close eye on the developments surrounding the Fed, as they can significantly impact future price action for the AUD/USD pair. A clear understanding of these trends will be essential for crafting effective trading strategies moving forward.