10 Jan 2014
Flash: AUD/USD to range - UOB Group
FXstreet.com (Barcelona) - The Market Strategy Team at UOB Group note that AUD/USD looks set to range ahead of today’s Non Farm Payrolls.
Key Quotes
"In line with expectation, the support highlighted at 0.8860/65 held yesterday."
"Waning downward momentum coupled with oversold conditions suggests sideway trading for today, likely between 0.8860 and 0.8940."
Key Quotes
"In line with expectation, the support highlighted at 0.8860/65 held yesterday."
"Waning downward momentum coupled with oversold conditions suggests sideway trading for today, likely between 0.8860 and 0.8940."