11 May 2015
AUD/USD: A neutral outlook - UOB Group
FXStreet (Guatemala) - Quek Ser Leang, analyst at UOB Group offered a neutral outlook for AUD/USD and said they expect a 0.7780/0.8030 range for this week.
Key Quotes:
"The choppy trading over the last couple of weeks has resulted in a very mixed outlook."
"This pair is likely trading in a sideway range for now."
"Only a clear break out of the expected consolidation range of 0.7780/0.8030 would lead to a more directional mid-term move."
Key Quotes:
"The choppy trading over the last couple of weeks has resulted in a very mixed outlook."
"This pair is likely trading in a sideway range for now."
"Only a clear break out of the expected consolidation range of 0.7780/0.8030 would lead to a more directional mid-term move."