AUD/USD’s rebound from 0.6680 extended to as high as 0.6976 last week. The develope indicates that a short term bottom was already formed. Further rally is in favor as long as 0.6858 minor support holds. Sustained trading above 55 day EMA (now at 0.6967) will pave the way to 0.7282 resistance next. Nevertheless, break of […]
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