AUD/USD edged lower to 0.7029 last week, rebounded from there to 0.7265, then reversed lower. Initial bias remains neutral this week first. Outlook is unchanged that fall from 0.7660 is the third leg of the corrective pattern from 0.8006. On the downside, below 0.7029 will target 0.6966 low first. Firm break there will confirm this […]
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