EUR/AUD’s late break of 1.6481 cluster support (38.2% retracement of 1.5963 to 1.6800 at 1.6480) suggests that a double top reversal pattern (1.6800, 1.6789) might be completed. Initial bias is back on the downside this week for 61.8% retracement at 1.6283. On the upside, break of 1.6593 minor resistance will turn bias back to the […]
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