AUD/USD retreated after brief recovery to 0.7087 last week, but then stayed in range above 0.6977. Initial bias remains neutral this week first. On the downside, break of 0.6977 will resume the fall from 0.7277 towards 0.6832 support. On the upside, break of 0.7087 will bring stronger rebound to 0.7200 resistance. In the bigger picture, […]
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