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Australian Dollar: Weakness may extend toward 0.6970 against US Dollar - UOB

UOB’s Quek Ser Leang and Lee Sue Ann observe that AUD/USD extended its recent slide to 0.7006, with positive divergence hinting at slowing momentum but not yet

UOB’s Quek Ser Leang and Lee Sue Ann observe that AUD/USD extended its recent slide to 0.7006, with positive divergence hinting at slowing momentum but not yet a clear base.

Market commentary only, not advice. 30 words on the desk. Trading involves risk. Headline credited to FXStreet.

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