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Outlook for AUD/USD is neutral - UOB Group

FXStreet (Łódź) - The Market Strategy Team at UOB Group suggest that the latest AUD/USD moves suggest a neutral outlook for the pair in the nearest future.

Key Quotes

"The sharp rebound from the overnight low of 0.8756 reinforces our view that the outlook for this pair is neutral for the next 1 to 2 weeks."

"We continue to expect choppy trading, likely between 0.8710 and 0.8870."

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