The AUDUSD is currently trading along the 0.6740 price level with no clear directional bias. While the AUDUSD traded lower overnight, the price rebounded from the 0.67 price level and support area.
As the price sits between the support and resistance level, and with the RBA interest rate decision due on Tuesday next week, it is likely that the AUDUSD could continue to consolidate within this range.
As the price sits between the support and resistance level, and with the RBA interest rate decision due on Tuesday next week, it is likely that the AUDUSD could continue to consolidate within this range.
