AUD/USD: A deeper pullback now appears unlikely – UOB – by pabspiovano AUDUSD Currencies Majors Banks
now seem to have lost some momentum, according to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.24-hour view: “AUD traded between 0.6773 and 0.6802 yesterday, narrower than our expected consolidation range of 0.6770/0.6830. The relatively quiet price actions offer no fresh clues and AUD could continue to consolidate, likely between 0.6780 and 0.6830.”
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