AUD/USD Momentum Builds Toward 0.7015 – UOB
UOB analysts note AUD/USD surged to 0.6992 after an earlier dip, with strong short-term momentum pointing to further gains toward 0.7015.
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United Overseas Bank's Quek Ser Leang and Lee Sue Ann observed that AUD/USD surged to 0.6992 after an earlier dip. They see strong short-term momentum, indicating further gains. Scope for a test of 0.6995 is noted, with major resistance at 0.7015.
Source: FXStreet Forex News