AUD/USD Now Targets 0.7600
In view of the research team at UOB Group, the next hurdle for the Aussie dollar remains at 0.7600 in the short-term.
Key Quotes
“The high of 0.7528 held just below the 0.7535 objective”.
“The pull-back from the high is likely a short-term consolidation phase and the probability for a move above 0.7535 in the coming days appear to be quite high”.
“The next resistance is at 0.7600. Stop-loss is adjusted higher to 0.7360 from 0.7320”.
(Market News Provided by FXstreet)
