The Australian Dollar has pulled back to around 0.6400 as investors tread lightly ahead of the upcoming US PCE inflation data release. This cautious stance prevents many from maintaining large US Dollar short positions. The AUD/USD pair remains trapped within the 0.6400 to 0.6450 range for the third consecutive day, creating a tight trading environment. Traders are encouraged to analyze the impending economic indicators, which could steer market trends in the near term.