Allow for AUD test of 0.9130 - UOB Group

FXStreet (Barcelona) - The Market Strategy Team at UOB Group believe that AUD is set to ease off against the US dollar.

Key Quotes

"Despite the strong rebound last Friday, the up-move still appears to be part of a wider consolidation range instead of the start of a new up-trend.”

“Allow for a test of 0.9130 but as long as 0.9165 is not taken out, AUD is expected to ease off towards 0.9060."