Back
22 Mar 2016
AUD/USD a test of 0.7720 remains on the cards – UOB
In view of the research team at UOB Group, the Aussie dollar could attempt to clinch the 0.7720 region in the next 1-3 weeks.
Key Quotes
“The pull-back from the high of 0.7681 last Friday is considered as a short-term corrective pull-back”.
“As long as 0.7520 is intact, another leg higher towards the major 0.7740 resistance is still a distinct possibility”.
Key Quotes
“The pull-back from the high of 0.7681 last Friday is considered as a short-term corrective pull-back”.
“As long as 0.7520 is intact, another leg higher towards the major 0.7740 resistance is still a distinct possibility”.