AUDUSD Forecast: Range Trading Outlook Between 0.6325 and 0.6365
According to analysis from UOB Group, the Australian Dollar (AUD) is expected to trade within a range between 0.6325 and 0.6365 against the US Dollar (USD). Analysts Quek Ser Leang and Peter Chia have observed that upward momentum has faded, indicating a consolidation phase may be underway. For traders, this means adjusting strategies in response to potential price movements. Awareness of market developments and external factors will play a crucial role in determining how AUDUSD progresses in the coming days.