8 Oct 2014
AUD/USD 0.8770 expected to hold – UOB Group
FXStreet (Edinburgh) - Quek Ser Leang, Market Strategist at UOB Group, sees any pull back in AUD/USD to be well contained around 0.8770.
Key Quotes
“The anticipated AUD strength exceeded our expectation with a high of 0.8835”.
“The upward momentum remains strong and the current rally is expected to extend towards 0.8845”.
“Expect the support at 0.8770 to hold for today”.
Key Quotes
“The anticipated AUD strength exceeded our expectation with a high of 0.8835”.
“The upward momentum remains strong and the current rally is expected to extend towards 0.8845”.
“Expect the support at 0.8770 to hold for today”.