Australian Dollar: Downside bias within broader neutral band against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang reports AUD/USD has stalled after last week’s sharp rise, with a tentative build-up in downside momentum pointing to a limited dip toward 0.6910 intraday. For the next 1–3 weeks, the bank stays neutral, expecting consolidation between 0.6870 and 0.6980.