2024-12-23 07:42
IndustriaMay not have enough momentum to test 0.6870
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AUD/USD: May not have enough momentum to test 0.6870 – UOB Group
NEWS | 09/24/2024 09:01:13 GMT | By FXStreet Insights Team
The Australian Dollar (AUD) is likely to trade sideways, probably in a range of 0.6800/0.6855. In the longer run, there is still room for AUD to rise further, but there may not be enough momentum for it to challenge 0.6870, UOB Group FX analysts Quek Ser Leang and Peter Chia note.
Rangebound between 0.6800 and 0.6855
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May not have enough momentum to test 0.6870
Nigeria | 2024-12-23 07:42Join our WhatsApp Channel today!
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AUD/USD: May not have enough momentum to test 0.6870 – UOB Group
NEWS | 09/24/2024 09:01:13 GMT | By FXStreet Insights Team
The Australian Dollar (AUD) is likely to trade sideways, probably in a range of 0.6800/0.6855. In the longer run, there is still room for AUD to rise further, but there may not be enough momentum for it to challenge 0.6870, UOB Group FX analysts Quek Ser Leang and Peter Chia note.
Rangebound between 0.6800 and 0.6855
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