EURAUD stayed in consolidation above 1.6161 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected with 1.6598 resistance intact. On the downside, below 1.6161 will target a test on 1.5996/6002 key support zone. In the bigger picture, as long as 1.5996 support holds, up trend from 1.4281 […]
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