AUD/USD to revert to the 0.7450 to 0.7550 range for now – OCBC
AUD/USD is consolidating below the 0.75 mark. Economists at OCBC expect the pair to settle within the 0.7450 to 0.7550 range for now.
AUD’s upside momentum may be exhausted
“The AUD’s upside momentum may be exhausted, with the commodity complex and crude prices consolidating lower.”
“Expect the AUD/USD to revert to the 0.7450 to 0.7550 range for now.”
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.