AUD/USD Set to Break Below 0.6440 Level According to UOB Group
The Australian Dollar (AUD) shows building downward momentum. Analysts at UOB Group highlight that AUD could break below the critical level of 0.6440. This break is necessary for a significant move down to the 0.6400 mark. However, experts warn that sustaining trade below 0.6440 may pose a challenge. Investors should keep a close watch on these levels as they can indicate future trends in currency movements. The AUD’s performance here sets a stage for potential fluctuations in the forex market.
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