EUR/AUD’s fall from 1.5396 resumed last week and hit as low as 1.4650. As noted before, corrective rise from 1.4318 should have completed at 1.5396, after rejection by 1.5354 support turned resistance. Deeper decline should be seen to retest 1.4318 low first. On the upside, above 1.4910 minor resistance will dampen this bearish view, and […]
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