The AUDUSD pair at a rate of 0.66468 is currently experiencing a period of consolidation in the short term, 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 is now seen trading within the 0.6620-0.6750 range in the next few weeks.

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