The Australian Dollar (AUD) is expected to exhibit a range-bound trading pattern against the US Dollar (USD), with analysts from UOB Group suggesting that the currency pair will fluctuate between 0.6655 and 0.6745 in the longer term. This outlook indicates that the recent downward trend may be stabilizing, allowing the AUD to trade within a narrower bandwidth of 0.6670 to 0.6710 in the immediate future.
The anticipated range-trading phase reflects a balance between market forces impacting the AUD and broader economic factors influencing the USD. As traders navigate these levels, the exchange rate movements will likely be influenced by domestic economic data and global risk sentiment, which could further dictate the performance of the AUD/USD pair. Investors should remain vigilant for any shifts that may signal a breakout beyond these defined boundaries.
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Data Source: FX Killer Analysis Team Updated: 2026-01-12 11:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.