The AUD/USD currency pair is poised for further range trading, with analysts from UOB Group suggesting a stronger underlying tone that could see the exchange rate moving between 0.6445 and 0.6485. This indicates a potential bullish sentiment in the Australian dollar as traders navigate current market conditions.
In the longer term, UOB Group's analysts, Quek Ser Leang and Peter Chia, believe there is a possibility for the AUD to test the key level of 0.6405. This indicates a cautious optimism for the Australian dollar amid fluctuating market dynamics, as traders assess the implications of broader economic factors influencing the USD and other major currencies such as the EUR.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 11:39
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.