AUD/USD Range-Bound: Expected to Trade Between 0.6535 and 0.6595

AUD/USD Range-Bound: Expected to Trade Between 0.6535 and 0.6595

Published: July 11, 2025
Category: Forex | AUD/USD | Market Analysis

AUD/USD Stays in Tight Trading Band Amid Cautious Market Sentiment

The Australian Dollar (AUD) continues to exhibit a range-bound trading pattern against the US Dollar (USD), with technical analysis suggesting a short-term range of 0.6535 to 0.6595.

Market momentum remains neutral, with traders eyeing support around 0.6535 and resistance near 0.6595 as the key decision levels for intraday plays.

Aussie Dollar Supported by Solid Underlying Tone

Despite subdued price action, the AUD retains a solid tone. Analysts suggest that broader support levels remain intact and the pair could move within a larger medium-term range between 0.6415 and 0.6515, if sentiment weakens or risk aversion escalates globally.

“Current price behavior suggests consolidation is likely to continue,” a forex strategist said. “While the upside is capped by resistance, firm support below 0.6515 should keep the pair in check.”

Traders Await Directional Cues from US Economic Data

Traders now await key US economic indicators and Federal Reserve guidance, which could provide directional momentum for USD-based pairs including the AUD/USD.

Until then, range-bound setups are favored, and traders may continue to play the support-resistance channel with tight stop losses.

Key Takeaways:

• AUD/USD short-term range: 0.6535 – 0.6595
• Broader support base: 0.6415 – 0.6515
• Market remains neutral with a slight bullish bias
• Awaiting key US macroeconomic releases for potential breakout signals

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