RSS AUD/USD: Further sideways trading appears likely – UOB Group

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 RSS AUD/USD: Further sideways trading appears likely – UOB Group

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Further sideways trading appears likely, probably in a 0.6240/0.6295 range. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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