AUD/USD to consolidate – UOB

FXStreet (Barcelona) - Analysts at UOB Group anticipate that AUD/USD might consolidate in the 0.7620-0.7685 range for today.

Key Quotes

“AUD spiked to a high of 0.7698 last Friday but the up-move was not sustainable. The current movement is likely part of a consolidation phase. Expect sideway trading today, likely between 0.7620 and 0.7685.”

Apr 6, 2015

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