- Analytics
- News and Tools
- Market News
- AUD/USD now focused on 0.7330 – UOB
AUD/USD now focused on 0.7330 – UOB
FXStreet reports that FX Strategists at UOB Group said that a breakdown of 0.7330 would indicate that the positive phase in AUD/USD could be over.
Next 1-3 weeks: “We highlighted yesterday that a break of 0.7413 would shift the focus to 0.7455. However, AUD retreated quickly from high of 0.7408. Upward momentum has been dented and a break of 0.7330 (no change in ‘strong support’ level) would indicate that the positive phase that started in mid-November has run its course. Barring a sudden surge above 0.7413 within these 1 to 2 days, a break of 0.7330 would not be surprising.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
