Intraday bias in AUD/USD remains mildly on the upside at this point. Firm break of 38.2% retracement of 0.7277 to 0.6864 at 0.7022 will target 61.8% retracement at 0.7119 next. On the downside, however, below 0.6912 minor support will turn bias back to the downside for 0.6864 low. In the bigger picture, considering bearish divergence […]
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