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10 Feb 2015
Antipodeans in a technical snapshot – UOB Group
FXStreet (Barcelona) - The Research Team at UOB Group gives the technical outlook for AUD/USD and NZD/USD.
Key Quotes
“AUD is clearly trading in a sideway consolidation range now; we continue to expect a 0.7700/0.7930 range for the rest of this week.”
“NZD/USD: Improving short-term upward momentum suggests a possible move higher towards the top of the expected range near 0.7465 but a clear break above this level is unlikely.”
“Overall, we continue to hold a neutral view and expect this pair to trade between 0.7200 and 0.7465 for this week.”
Key Quotes
“AUD is clearly trading in a sideway consolidation range now; we continue to expect a 0.7700/0.7930 range for the rest of this week.”
“NZD/USD: Improving short-term upward momentum suggests a possible move higher towards the top of the expected range near 0.7465 but a clear break above this level is unlikely.”
“Overall, we continue to hold a neutral view and expect this pair to trade between 0.7200 and 0.7465 for this week.”