AUD/USD still bullish, aims to 0.7535 – UOB

According to the research team at UOB Group, the Aussie dollar keeps its bullish bias and now targets 0.7535.

Key Quotes

“As highlighted yesterday, while the short-term conditions are severely overstretched, the outlook in the coming days still appears to be bullish and from here, the next objective is at the rather major level of 0.7535”.

“Stop-loss remains unchanged at 0.7320”.