AUD/USD a test of 0.7720 remains on the cards – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    In view of the research team at UOB Group, the Aussie dollar could attempt to clinch the 0.7720 region in the next 1-3 weeks.

    Key Quotes

    “The pull-back from the high of 0.7681 last Friday is considered as a short-term corrective pull-back”.

    “As long as 0.7520 is intact, another leg higher towards the major 0.7740 resistance is still a distinct possibility”.
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