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22 Feb 2016
AUD/USD bullish above 0.7200 – UOB
The research team at UOB Group sees the Aussie dollar bias as bullish above the 0.7200 handle.
Key Quotes
“There is no change to our current neutral view but as highlighted several times in recent updates, the undertone for AUD is positive and a daily closing above 0.7200 would shift the neutral outlook to bullish”.
“Key support remains at 0.7065/70”.
Key Quotes
“There is no change to our current neutral view but as highlighted several times in recent updates, the undertone for AUD is positive and a daily closing above 0.7200 would shift the neutral outlook to bullish”.
“Key support remains at 0.7065/70”.