Forex: the Opinions and predictions of experts UOB AUD/USD



According to analysts at UOB, rollback AUD/USD in the near future should not expect.

Forecast for 24 hours: “As expected, the AUD traded in a sideways range, albeit in narrower than expected. The mood improved a little, but to speak of a stable growth too early. Most likely, the pair will continue to trade in a sideways range, but slightly higher in the field of 0.7765/0.7810”.

Forecast for 1-3 weeks: “the Downside momentum of the pair is starting to fade. Thus, the weakening AUD is eroding. However, the formation of the short-term at least will be confirmed only on the break the level of 0.7835 (the stop level has not changed). And this development is likely only if the AUD decides to hold below the lows of last week near 0.7730/35 within 1-2 days.”

Information-analytical Department Forex club




Forex: the Opinions and predictions of experts UOB AUD/USD 11.10.2017

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