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Posted by
Two Blokes Jul 29 -
Filed in
Forex
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5 views
There is room for Australian Dollar (AUD) to test 0.6500 against US Dollar (USD); a sustained decline below this level is unlikely. In the longer run, upward momentum has dissipated, signs of building downward momentum; AUD is likely to edge lower, potentially reaching 0.6480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
