3 Oct 2014
AUD/USD focus on 0.8760 – UOB Group
FXStreet (Edinburgh) - Analysts at UOB Group signalled that a close below 0.8760 would be indicative that a top is in place.
Key Quotes
“The anticipated AUD strength was much stronger than expected”.
“Upward momentum remains strong and further up-move towards 0.8835/40 is likely for today”.
“Only a move below 0.8760 would indicate that a temporary top is in place”.
Key Quotes
“The anticipated AUD strength was much stronger than expected”.
“Upward momentum remains strong and further up-move towards 0.8835/40 is likely for today”.
“Only a move below 0.8760 would indicate that a temporary top is in place”.