8 Apr 2014
AUD/USD to break out from 0.9310? - UOB Group
FXStreet (Barcelona) - The Market Strategy Team at UOB Group are expecting AUD/USD to break out higher with a target of 0.9375.
Key Quotes
"Despite the patchy upward momentum, we are holding out for AUD to break above the recent high at 0.9310 towards the target at 0.9375.”
“Only a break below the key support at 0.9205 would indicate that the recent bullish phase in AUD has ended."
Key Quotes
"Despite the patchy upward momentum, we are holding out for AUD to break above the recent high at 0.9310 towards the target at 0.9375.”
“Only a break below the key support at 0.9205 would indicate that the recent bullish phase in AUD has ended."