The Australian Dollar (AUD) is likely heading toward a lower trading range between 0.6400 and 0.6465. Analysts from UOB Group forecast that while a mild increase in downward momentum may occur, a sustained decline is not probable unless AUD breaks above 0.6515 decisively. Such behavior could signal a shift needed for potential upward movement beyond the established threshold.

Traders should monitor this currency closely as it indicates broader trends that may impact markets. The analysis highlights the importance of timing and understanding market dynamics in forex trading.