The Australian dollar is currently stagnant due to uncertainty surrounding global growth and commodity demand. It is closely tied to the Asian economy, adding to the uncertainty. It is predicted that there may be a movement of at least 100 points in either direction once the situation becomes clearer. However, for now, it is best to remain neutral on trading this pair until a breakout from the current range occurs. Monitoring the charts daily can help in identifying any potential opportunities for trading, especially for those trading on shorter time frames. Keep an eye on the economic calendar for any upcoming events that may impact the Australian dollar.