Flash: AUD/USD set for retest of lows? - UOB Group

FXstreet.com (Barcelona) - The Market Strategy Team at UOB Group feels that AUD/USD may be set for a retest of recent lows.

Key Quotes

“The pair rebounded from 0.9055/60 as expected and will likely continue to edge higher towards 0.9160.”

“Only a break below 0.9085 will suggest a retest of the 0.9055/60 low.”

AUD/USD ranges into Europe

AUD/USD posted an overnight low at 0.9036, and remained within a tight 35-40 pip range overnight, and is presently trading at 0.9056, down -0.11% on the day.
আরও পড়ুন Previous

EUR/USD continues to edge lower ahead of NFP’s

EUR/USD is presently finding support on at the hourly 50 SMA at 1.3655, having declined from its overnight high at 1.3674.
আরও পড়ুন Next