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Posted by
Two Blokes Thu at 11:45 AM -
Filed in
Forex
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The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not sufficient to indicate a sustained advance just yet; US Dollar (USD) must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
