AUD/USD’s rebound from 0.6269 resumed last week and hit 0.6541. But subsequent retreat suggested that a temporary top was formed. Initial bias stays neutral this week for more consolidations. On the upside, break of 0.6541, and sustained trading above 38.2% retracement of 0.6894 to 0.6269 at 0.6508, will argue that whole corrective fall from 0.7156 […]
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Daily Pivots: (S1) 210.82; (P) 212.53; (R1) 214.30; More… Intraday bias in GBP/JPY stays neutral at this point. Further decline is expected as long as 214.21 holds. Below 210.43 will target 209.58 support first. Break Read more…