Aussie hangs at the lows for the day ahead of North America trading

<p>AUD/USD is now down 0.9% to 0.6560 and is contesting a drop below its 200-day moving average of 0.6578 on the day. That is the key technical level to watch for now, as highlighted earlier: <a href="https://www.forexlive.com/news/audusd-gets-drawn-back-to-key-technical-level-after-rba-hold-20231205/" target="_blank" rel="follow">AUD/USD gets drawn back to key technical level after RBA hold</a></p><p>The softer risk mood today and steadier US dollar is also helping to compound the drop in AUD/USD so far. And it will take a notable turn in sentiment for things to switch around for the aussie today.</p>

This article was written by Justin Low at www.forexlive.com.