RSS AUD/USD: Upward momentum is building – UOB Group

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 RSS AUD/USD: Upward momentum is building – UOB Group

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Price movements are likely part of a range trading phase, expected to be between 0.6185 and 0.6230. In the longer run, upward momentum is building, but AUD must close above 0.6245 before a move to 0.6300 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
 
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