Daily Pivots: (S1) 1.7685; (P) 1.7767; (R1) 1.7903; More… EUR/AUD recovered notably but stays in range of 1.7561/7895 and intraday bias remains neutral. On the downside, break of 1.7561 support will revive the bearish case that corrective pattern from 1.8554 is in the third leg, and target 1.7245 support. On the upside, though, above 1.7895 […]
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AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Read more…
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