The Austalian dollar (Aud) is expected to trade between 0.6250 and 0.6310. In a longer run, the rush accumulation disappears; A break below 0.6230 would mean that the Aud will probably trade within reach, FX Group Quek Leandg and Peter Chia analysts.
Below 0.6230, the audience will probably trade within range
24-hour view: “Yesterday we noticed” uncertain accumulation of momentum “. We pointed out that “Aud is a chance for an escalate above 0.6310, but it turns out if it can keep the abutment over this level.” During the session in New York, it fell to 0.6235, increased to 0.6309, and then withdrew at 0.6278 (-0.27%). . “
1-3 weeks View: “Last Thursday (06 February, place at 0.6280), we indicated that” if the Aud closes above 0.6310, it can cause progress up to 0.6355 “. Audi did not make any progress up. It means that the audience will probably trade within reach. Yesterday the audience fell to a low level of 0.6235.
