Sustained break above 0.6310 is unlikely – UOB Group
AUD is facing mild upward pressure; it could test 0.6310, but a sustained break above this level is unlikely. If AUD closes above 0.6310, it could trigger an advance to 0.6355, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Break above 0.6310 can trigger an advance to 0.6355 24-HOUR VIEW: “When AUD … Read more