fxstreet.com 22 Feb, 2021 08:00 am

AUD/USD faces the next resistance at 0.7960 – UOB

AUD/USD faces the next resistance at 0.7960 – UOB
AUD/USD is expected to advance further and surpass the key 0.7900 hurdle in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour

FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.Further AUD strength is not ruled out but severely overbought conditions suggest that a sustained advance above 0.The strong boost in momentum is expected to lead to further AUD strength.

” Next 1-3 weeks: “We have held a positive view in AUD for about 2 weeks now.However, AUD subsequently rocketed higher and posted its biggest 1-day gain in about 7 weeks (0.

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