25 Oct 2013
Flash: AUD/USD is expected to hold a 0.9520-0.9700 range - OCBC
FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank mentions that AUD/USD is expected to range trade.
Key Quotes
"AUD/USD may see a slightly more consolidative tone intra-day pending further China news flow but if this uncertainty subsides multi-session, the pair may retain potential to ride higher on any broad based dollar weakness."
“In the interim, expect a 0.9520-0.9700 range to hold.”
Key Quotes
"AUD/USD may see a slightly more consolidative tone intra-day pending further China news flow but if this uncertainty subsides multi-session, the pair may retain potential to ride higher on any broad based dollar weakness."
“In the interim, expect a 0.9520-0.9700 range to hold.”