AUD/USD could attempt to base in 0.7100/30 – OCBC

FXStreet (Edinburgh) - There is the chance that the Aussie dollar could attempt to build a base in the 0.7100/30 band, suggested by FX Strategist at OCBC Bank Emmanuel Ng.

Key Quotes

“The Sep AiG performance of services index deteriorated to 52.3 from 55.6 in Aug but expect all eyes to be on the RBA’s Stevens tomorrow”.

“If positive risk appetite continues to accumulate, the pair may attempt to base build further from here within 0.7100-0.7130”.