Flash: AUD/USD recovery appears incomplete - UOB Group

FXstreet.com (Barcelona) - The Market Strategy Team at UOB Group note that the low of 0.9120 yesterday held just above the support highlighted at 0.9115/20.

Key Quotes

“The recovery appears incomplete and will likely extend higher for the day.”

“Expect the support at 0.9130/35 to hold for a move higher towards 0.9240.”

Flash: AUD strengthened modestly overnight on RBA commentary - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the foreign exchange market has remained relatively stable overnight.
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