The Australian Dollar (AUD) has experienced a notable pause in its rally against the US Dollar (USD), currently trading flat below the recent high of 0.6654 reached on Tuesday. After hitting a peak that marked its highest level in nearly two months, the currency pair is now hovering below the 0.6650 resistance level, a point closely monitored by traders.
Market sentiment remains cautious as investors await the Federal Reserve's upcoming decision, which could significantly impact the exchange rate dynamics. The anticipation surrounding potential shifts in monetary policy is creating a subdued trading environment for the AUD/USD pair, as traders assess the implications for future currency movements.
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Data Source: FX Killer Analysis Team Updated: 2025-12-10 12:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.