Australian Dollar: Upside Capped at 0.7070 Against US Dollar – UOB UOB Strategists Quek Ser Leang and Lee Sue Ann Note

Australian Dollar: Upside capped at 0.7070 against US Dollar - UOB UOB strategists Quek Ser Leang and Lee Sue Ann note that AUD/USD outperformed, rising to 0.7065 and closing at 0.7055 as overbought conditions build. Intraday, they see scope for a test of 0.7070 but doubt

Australian Dollar: Upside capped at 0.7070 against US Dollar – UOB UOB strategists Quek Ser Leang and Lee Sue Ann note that AUD/USD outperformed, rising to 0.7065 and closing at 0.7055 as overbought conditions build.

Intraday, they see scope for a test of 0.7070 but doubt a sustained break above that level, with 0.7095 also unlikely to be

Leave a Reply

Your email address will not be published. Required fields are marked *