Aussie Dollar is expected to navigate within 0.7310 and 0.7485 in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “AUD traded between 0.7390 and 0.7429 yesterday, narrower than our expected 0.7380/0.7430 range. The close in NY is on the soft side and there is scope for AUD to test the 0.7380 support. In view of the lackluster momentum, a sustained move below this level is not expected. Resistance is at 0.7430 followed by 0.7445. The latter level is expected to be strong enough to cap any intraday AUD strength”. Next 1-3 weeks: “AUD traded within familiar ranges yesterday and there are no further clues. As highlighted in recent updates, indicators are mostly flat which suggest that AUD could continue to trade within last month’s 0.7310/0.7485 range for a few weeks more”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Carney speech: Brexit related uncertainties weigh on business investment FX Street 5 years Aussie Dollar is expected to navigate within 0.7310 and 0.7485 in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: "AUD traded between 0.7390 and 0.7429 yesterday, narrower than our expected 0.7380/0.7430 range. The close in NY is on the soft side and there is scope for AUD to test the 0.7380 support. In view of the lackluster momentum, a sustained move below this level is not expected. Resistance is at 0.7430 followed by 0.7445. The latter level is expected to be strong enough to cap any intraday AUD strength". Next 1-3 weeks: "AUD traded within… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
