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19 Feb 2016
AUD/USD constructive above 0.7065/70 – UOB
According to the research team at UOB Group, the outlook on the Aussie dollar remains positive above the 0.7065/60 band.
Key Quotes
“As highlighted in recent updates, the undertone for AUD appears to be positive as long as 0.7065/70 continues to hold”.
“However, only a daily closing above 0.7200 would shift the outlook to bullish”.
Key Quotes
“As highlighted in recent updates, the undertone for AUD appears to be positive as long as 0.7065/70 continues to hold”.
“However, only a daily closing above 0.7200 would shift the outlook to bullish”.