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Posted by
Two Blokes May 16 -
Filed in
Forex
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2 views
Downward momentum has not increased further; Australian Dollar (AUD) is expected to trade between 0.6380 and 0.6445 against US Dollar (USD). In the longer run, a breach of 0.6370 would mean that the current price movements are part of a range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.