11 Dec 2013
Flash: AUD/USD to extend upmove? - UOB Group
FXstreet.com (Barcelona) - Market Strategists at UOB Group believe that the recent AUD/USD upmove is incomplete and likely to extend further.
Key Quotes
“The unexpected break of the resistant at 0.9145 touched a high of 0.9167.”
“The up-move appears incomplete and will likely extend towards 0.9180 today.”
“Only a move below 0.9110 will suggest that the low of 0.9180 yesterday will be revisited.”
Key Quotes
“The unexpected break of the resistant at 0.9145 touched a high of 0.9167.”
“The up-move appears incomplete and will likely extend towards 0.9180 today.”
“Only a move below 0.9110 will suggest that the low of 0.9180 yesterday will be revisited.”