The rally of the Aussie dollar could extend towards the 0.7535 area, suggested the research team at UOB Group. Key Quotes “AUD edged above the 0.7480 target with a high of 0.7486”. “While short-term conditions are severely overstretched, the outlook in the coming days still appears to be bullish and from here, the next objective is at the rather major level of 0.7535”. “Stop-loss is adjusted higher to 0.7320 from 0.7280 even though 0.7365 is already a strong support”. For more information, read our latest forex news.