Australian Dollar: Pressure persists on 0.7120 support against USD – UOB

UOB’s Quek Ser Leang and Lee Sue Ann highlight lingering downside momentum in AUD/USD after recent declines, with the pair hovering just above 0.7120 support. A clear break below 0.7120 could open the way toward 0.7095, while resistance is seen at 0.7150–0.7165.