FXStreet (Guatemala) – Analysts at UOB Group explained that the outlook for AUD shifted to neutral last Friday and there is no change to the view.
Key Quotes:
“The current movement is likely part of a corrective rebound which could extend higher to test the 0.7110 resistance.
Strong support is at 0.6875 and the recent low of 0.6820 is unlikely to come under threat in the coming week.”
(Market News Provided by FXstreet)