Australian Dollar: Short-term gains within capped range against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann see AUD/USD biased slightly higher intraday after Friday’s consolidation, but expect any move to remain contained between 0.7010 and 0.7045. Over the next 1–3 weeks, they retain a positive view with scope toward 0.7070 while 0.6985 holds as strong support, contrasting with a longer-term bearish EMA signal targeting the 0.6923 July low.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
