EUR/AUD’s decline last week argues that corrective rebound from 1.6319 has completed at 1.6843 already. Initial bias stays on the downside this week for retesting 1.6319 support next. Sustained break there will target 100% projection of 1.7062 to 1.6319 from 1.6843 at 1.6100. On the upside, above 1.6588 minor resistance will turn intraday bias neutral […]
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