UOB suggests that there is still a possibility of a decline to 0.6595 for the AUDUSD pair, despite its current level at 0.66937.

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AUDUSD Chart by TradingView

In the view of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, there is still the possibility for AUD/USD to slip back to the 0.6595 level in the short-term horizon.

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