AUD/USD Forecast: Expected to Trade Sideways Between 0.6465 and 0.6515

AUD/USD Forecast: Expected to Trade Sideways Between 0.6465 and 0.6515

The Australian Dollar (AUD) is likely to trade within a tight sideways range of 0.6465 to 0.6515 against the US Dollar (USD), according to current technical signals. The pair’s lack of directional momentum reflects a consolidative phase as traders wait for a clearer catalyst.

Near-Term Range Likely to Hold

Price action suggests the AUD/USD will continue to fluctuate between 0.6465 and 0.6515 in the short term. There is no strong breakout signal currently, reinforcing expectations of sideways trading unless influenced by surprise economic data or policy signals.

Long-Term Outlook: Consolidation Within 0.6385–0.6555

From a broader perspective, the AUD/USD pair remains in a long-term consolidation range between 0.6385 and 0.6555. Traders may watch for a breakout beyond this band to confirm a new trend.

What to Watch For

• US Dollar movements amid Fed rate speculation
• Australian inflation and labor data
• Risk sentiment and commodity prices, especially iron ore
• Potential geopolitical developments

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