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Posted by
Two Blokes Tue at 11:00 AM -
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Forex
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Australian Dollar (AUD) could continue to rise vs US Dollar (USD), but any advance is unlikely to reach 0.6515; there is another resistance level at 0.6475. In the longer run, renewed momentum has increased the odds of AUD breaking above 0.6515, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
