The Australian Dollar showed a slight rally during early trading on Wednesday, displaying some volatile behavior. The price seems to be drawn towards the 0.6650 level, which is currently acting as a support. The resistance barrier lies at the 0.67 level, making it challenging for the price to break above.
If the price manages to surpass this barrier, the next target could be the 0.68 level. However, trading within this range has been tough for the past month. On the downside, the 0.66 level provides support, with the 50-day EMA and 200-day EMA also acting as a strong floor around this level.