UOB: AUD/USD Breaks Above 0.7015 Resistance, Momentum Points Higher
UOB analysts note AUD/USD broke key resistance at 0.7015, reaching 0.7021, with further upside expected in the near term.
AUDUSD
United Overseas Bank analysts Quek Ser Leang and Lee Sue Ann report that AUD/USD has broken above the significant resistance level of 0.7015, with price action extending to 0.7021.
Over the next 24 hours, the Australian Dollar is expected to trade in a higher range of 0.6985–0.7025, as momentum suggests continued upside against the US Dollar.
Source: FXStreet Forex News