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fxJul 1, 2026, 7:45 AM

UOB: AUD/USD Neutral Within Broader Range, Rebound Stretched

UOB analyst Quek Ser Leang notes AUD/USD rebounded sharply from 0.6867 to 0.6930, but the move is stretched, with intraday trade expected between 0.6890 and 0.6930.

AUDUSD

UOB's Quek Ser Leang reports that AUD/USD staged a sharp rebound from 0.6867 to 0.6930, describing the move as stretched. The pair is now expected to trade within a near-term range of 0.6890 to 0.6930. The overall stance remains neutral within a broader range against the US dollar.

Source: FXStreet Forex News