Analysts see the pair trading between 0.6890 and 0.6960 over the next 1-3 weeks after earlier gains faded.
AUD/USD has entered a sideways trading pattern, with intraday levels fluctuating between 0.6920 and 0.6960. The pair’s earlier modest upward momentum has dissipated, according to recent observations.
The expected trading range for the next 1-3 weeks is now 0.6890 to 0.6960, slightly higher than previously anticipated. This follows a period of tentative gains that failed to sustain momentum.
No immediate market reaction was noted, as the shift reflects a stabilization rather than a directional breakout.