FXstreet.com (Barcelona) - Resistance area at 0.9300 has proven a tough one for the Australian dollar, an the Pair's months long rally has stalled, and continues trading in a range from 0.9185 to 0.9300 on the upside.

On hourly charts, Rajoo C, technical analyst at Precise Trader, sees the Aussie sidelined while below 0.9330: The Price on the Hourly is in a Range Trading and expect the price to be choppy with a potential to break lower, the price should not trade above 9275-9330 to maintain the bearish outlook.

On a daily basis, Rajoo C sees the Aussie sideways while 0.8945 holds: Daily Trend is Sideways while 8945 holds, so expect the price to be Choppy with a Downside bias. The Price is trading Above Monthly, Weekly open.