The Australian Dollar to US Dollar (AUD/USD) pair is expected to continue trading within a range in the upcoming week. This means that the exchange rate between the two currencies is likely to stay relatively stable.
The Aussie Dollar has been moving within a certain price range in recent weeks, showing little signs of breaking out in either direction. Traders should be cautious of this consolidation pattern and be prepared for potential price swings within the established range.
It is important for traders to closely monitor the market and look for any potential catalysts that could cause a breakout in either direction. Keep an eye on key economic data releases, geopolitical events, and any developments in global financial markets that could impact the AUD/USD pair.
Overall, the AUD/USD pair is expected to continue trading within its current range in the upcoming week. Traders should remain vigilant and be prepared for any sudden movements in the exchange rate.