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Australian Dollar: Oversold conditions limit losses against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that AUD/USD outperformed on Monday, closing near 0.6970 after a modest rebound. Intraday, they see scope for slight gains but expect the pair to stay capped below 0.6985.

Australian Dollar: Oversold conditions limit losses against US Dollar – UOB

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