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AUD/USD bullish above 0.7200 – UOB

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The research team at UOB Group sees the Aussie dollar bias as bullish above the 0.7200 handle.

    Key Quotes

    “There is no change to our current neutral view but as highlighted several times in recent updates, the undertone for AUD is positive and a daily closing above 0.7200 would shift the neutral outlook to bullish”.

    “Key support remains at 0.7065/70”.
    For more information, read our latest forex news.

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