Flash: AUD/USD to extend upmove? - UOB Group

FXstreet.com (Barcelona) - Market Strategists at UOB Group believe that the recent AUD/USD upmove is incomplete and likely to extend further.

Key Quotes

“The unexpected break of the resistant at 0.9145 touched a high of 0.9167.”

“The up-move appears incomplete and will likely extend towards 0.9180 today.”

“Only a move below 0.9110 will suggest that the low of 0.9180 yesterday will be revisited.”