AUD/USD edged lower last week but lost momentum just ahead of 0.6169 key support. Further decline remains in favor as long as 0.6273 resistance holds. Decisive break of 0.6169 will target 138.2% projection of 0.6941 to 0.6511 from 0.6687 at 0.6074. However, considering bullish convergence condition in 4H MACD, break of 0.6273 resistance will indicate […]
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