UOB analysts adopt a neutral stance on AUD/USD, projecting range-bound trading between 0.6935 and 0.7020 as the pair struggles to establish a clear directional trend.
UOB strategists expect AUD/USD to trade in a tight range between 0.6935 and 0.7020 with neutral bias.
UOB strategists have shifted their outlook for the Australian Dollar to neutral following a recent slip to 0.6943. The pair is expected to trade within a defined range of 0.6935 to 0.7020 over the next one to three weeks as bearish momentum fails to materialize.
UOB strategists maintain a neutral bias, expecting the currency pair to trade within a range of 0.6935 to 0.7020 in the near term.