Australian Dollar Faces Key Resistance Level at 0.6355
The Australian Dollar could be gearing up to retest the level of 0.6325, but the significant resistance at 0.6355 is unlikely to be breached. According to analysts from UOB Group, the AUD appears to be range-bound for now, likely fluctuating between 0.6240 and 0.6355. Traders should watch this range closely as it could define future movements. Be prepared for possible fluctuations within this defined boundary.