Credit Suisse suggests that there is a weakening in the momentum of the AUDUSD currency pair as it approaches the upper and lower boundaries of the target range between 0.6350 and 0.6900.

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AUDUSD Chart by TradingView

Economists at Credit Suisse remain alert to the possibility of stronger data surprises, and restate their firmly neutral stance on AUD/USD, as per the 0.6600 end-Q3 target.

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