27 Mar 2014
AUD/USD looks set to target 0.9260, 0.9350 - UOB
FXStreet (Bali) - According to the Market Strategy Team at UOB Group, target at 0.9255/60 in AUD/USD appears achievable soon.
Key Quotes
"Our shift to a bullish outlook yesterday was timely as AUD surged to a high of 0.9245. The rally is faster and stronger than expected and the target at 0.9255/60 appears achievable soon."
"A move above this level would shift the focus to the next target at 0.9350. The key support has moved higher quickly to 0.9100 from 0.9040 previously."
Key Quotes
"Our shift to a bullish outlook yesterday was timely as AUD surged to a high of 0.9245. The rally is faster and stronger than expected and the target at 0.9255/60 appears achievable soon."
"A move above this level would shift the focus to the next target at 0.9350. The key support has moved higher quickly to 0.9100 from 0.9040 previously."