AUD/USD bullish, targets 0.7260 – UOB

The Aussie dollar could be heading towards the 0.7260 area, according to the research team at UOB Group.

Key Quotes

“We shifted to a bullish stance yesterday targeting a move to 0.7260. Currently, there is no change to the view”.

“A break above 0.7260 would shift the focus to 0.7330. Stop-loss is unchanged at 0.7070 even though 0.7150/55 is already a strong support”.