AUDUSD: Further gains could retest 0.6820 – UOB – by pabspiovano AUDUSD Currencies Majors Banks
24-hour view: “We expected AUD to consolidate yesterday. However, it traded in a choppy manner between 0.6686 and 0.6798. Despite the choppy price actions, the underlying tone appears to have softened somewhat and AUD is likely to edge lower. However, any decline is not expected to break the support at 0.6680. Resistance is at 0.6775 but only a clear break of 0.6800 would indicate that AUD is ready to head higher instead of edging lower.
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