AUDUSD Forecast: Testing the Waters Below 0.6350
The Australian Dollar (AUD) is expected to trade within the 0.6350 to 0.6410 range. Analysts from UOB Group highlight that the AUD must decisively break below the 0.6350 mark to anticipate further declines. Should this level give way, traders might brace for a more extensive downtrend in the upcoming sessions. The currency market is closely monitoring the Australian dollar as these critical levels present significant opportunities for traders and investors alike.
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