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fxJun 30, 2026, 6:17 AM

UOB: AUD/USD Under Pressure but Support Holds at 0.6865

UOB analyst Quek Ser Leang notes AUD/USD remains under mild pressure with intraday bias tilted lower, but any decline is expected to stay within the 0.6865–0.6900 range.

AUDUSD

United Overseas Bank (UOB) strategist Quek Ser Leang commented on the Australian dollar's near-term outlook, observing that AUD/USD retains a mild downside bias after a session of narrow trading.

The analyst expects any further weakness to be contained within the 0.6865–0.6900 corridor. A decisive break below 0.6865 would be required to signal a more sustained downtrend, but for now the support level is holding.

Source: FXStreet Forex News