Over the past three trading days, AUDUSD has struggled to break past the 0.6725 resistance level and has gradually retreated towards the critical 0.6700 support zone, reflecting a range-bound trend. The pair’s movement was influenced by concerns over the Fed’s independence and cautious positioning ahead of key US inflation data, causing the US dollar to weaken and providing the Australian dollar relative strength. Technically, with yesterday’s close at 0.66812, AUDUSD remains above its 50-day and 200-day moving averages but shows signs of short-term fatigue. This week’s market sentiment has been shaped by US inflation and Fed policy uncertainties, creating a volatile backdrop. For retail traders, this means watching closely for potential reversals or sideways moves. Currently, both technical and fundamental cues suggest focusing on how AUDUSD behaves around the 0.6700 support level.