The AUD/USD pair, currently at 0.64299, is in danger of experiencing more decline if it goes below the support level of 0.6365, according to UOB.

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AUDUSD Chart by TradingView

In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, AUD/USD risks further losses while below the 0.6365 level in the short-term horizon.

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