EUR/AUD’s fall from 1.7180 resumed by breaking through 1.6256 last week. Initial bias stays on the downside this week for 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. Strong support should be seen from 1.5996 to contain downside and bring rebound. On the upside, above 1.6319 resistance will turn intraday bias neutral first. […]
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