The AUDUSD has experienced choppy, two-way volatility today — down, up, down, and back up again. In the early Asian session, the pair dipped below a swing-area target near 0.6463, but sellers couldn’t extend the move toward either the rising 200-day moving average at 0.6445 or the October low at 0.64398. The session low bottomed at 0.6458 before snapping sharply higher.

From there, the price climbed to an intraday high of 0.6495, just shy of the swing-area ceiling between 0.6500 and 0.6504. The subsequent pullback found buyers near 0.6472, another key swing zone, and the pair has since rebounded again—briefly touching 0.6501 before stalling.

For buyers to take firmer control, they need to push and hold above 0.6505. A break there would shift focus toward the falling 100-hour moving average at 0.6525, which will serve as a critical barometer for both buyers and sellers if tested.

Even so, the corrective move wouldn’t be complete. To give buyers full control, the pair would still need to clear both the 100-day moving average and the 200-hour moving average (at 0.6536 and 0.6542 respectively), which remain higher on the chart as key upside targets.