AUD/USD faces extra side-lined trading short term – UOB – by pabspiovano AUDUSD Currencies Majors Banks
24-hour view: “We expected ‘further AUD weakness’ yesterday. However, it soared to 0.6749 before dropping back down quickly. The price actions appear to be part of a consolidation phase. In other words, AUD is likely to trade sideways today, expected to be between 0.6635 and 0.6730.”
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