AUD/USD: Major resistance at 0.6555 is likely out of reach – UOB Group

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  Posted by Two Blokes Jun 11 - Filed in Forex - 3 views
  
  Increasing momentum suggests further upside pressure; the major resistance at 0.6555 is likely out of reach. In the longer run, bias remains on the upside, but it remains to be seen if AUD can break clearly above 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.