币界网报道：The Australian Dollar to US Dollar (AUDUSD) continues to trade in a volatile manner, with significant swings in both directions over the past few weeks. Yesterday, the pair moved higher but stalled at a trendline that formed near recent highs around 0.6586. Sellers favored this level and helped the pair pull back, maintaining a wider range-bound action. Buyers turned sellers. Today, the Australian Dollar to US Dollar (AUDUSD) has entered a key swing zone between 0.65357 and 0.6553, but so far, the price has remained within this range and has not decisively broken below this area. This area had acted as resistance on May 26, making it a key area for the near-term bias. If the swing zone lows and the 0.65357 level are broken, traders will focus on the next downside targets of the 100 and 200 bar moving averages on the 4-hour chart, currently located at 0.65106 and 0.64853, respectively. A break below these two moving averages would increase bearish momentum and open the door for a retest of deeper support levels. Last week, a similar break below these same moving averages led to a sharp decline to the 0.6355–0.63719 support area, where buyers stepped in to arrest the decline. That bounce ultimately pushed prices back to the trendline high of 0.6586. Currently, the closest support is at 0.65357. If this level is broken, the 100 and 200 bar moving averages on the 4-hour chart will become the next key levels along with the volatile Australian dollar to US dollar (AUDUSD) pair.