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Australian Dollar: Upside scope toward 0.7060 cap against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann note AUD/USD has shifted into a slightly higher intraday range after touching 0.7055 in early Asia, with scope to test 0.7060 while major resistance at 0.7070 is seen out of reach and support at 0.7020.

Australian Dollar: Upside scope toward 0.7060 cap against US Dollar – UOB

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