AUD/USD: Expected to trade in a sideways range of 0.6445/0.6555 – UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6475 and 0.6510. In the longer run, for the time being, AUD is expected to trade in a sideways range of 0.6445/0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Australian Dollar (AUD) is likely to trade in a range between 0.6475 and 0.6510. In the longer run, for the time being, AUD is expected to trade in a sideways range of 0.6445/0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

AUD/USD is likely to trade in a range

24-HOUR VIEW: "We expected AUD to 'trade in a range between 0.6470 and 0.6515' yesterday. Our view of range-trading was not wrong, even though AUD traded in a narrower range than expected (0.6479/0.6512) before closing marginally higher by 0.01% at 0.6489. The price movements still appear to be part of a range-trading phase, expected to be between 0.6475 and 0.6510."

1-3 WEEKS VIEW: "Our update from two days ago (21 Oct, spot at 0.6515) still stands. As highlighted, 'for the time being, we expect AUD to trade in a sideways range of 0.6445/0.6555'."

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More