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7 Jan 2015
AUD/USD lacks any clear trend - UOB
FXStreet (Barcelona) - The Market Strategy Team at UOB Group expect AUD/USD to range trade between 0.7945-0.8215 levels, as the pair lacks any clear trend.
Key Quotes
"AUD staged a short-term rally to 0.8158 yesterday before reversing quickly. The outlook still appears mixed and we are still not detecting any clear trend and expect further broad range trading between 0.7945 and 0.8215 for the next couple of weeks."
Key Quotes
"AUD staged a short-term rally to 0.8158 yesterday before reversing quickly. The outlook still appears mixed and we are still not detecting any clear trend and expect further broad range trading between 0.7945 and 0.8215 for the next couple of weeks."