The AUD/USD currency pair is currently experiencing renewed negative pressure, testing the $0.6697 level and struggling to maintain position above it. Traders are advised to exercise caution in light of this development; a confirmed break below this level could subject the price to further downward momentum, with the next target set at approximately $0.6621. Conversely, if the price manages to consolidate above $0.6697, it could achieve the first positive target at $0.6744.
For today, the anticipated trading range is between the support level at $0.6670 and the resistance level at $0.6770.
Trend Forecast: Bullish
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