AUD/USD’s down trend continued to 0.6169 last week but recovered. Initial bias remains neutral this week first, and outlook stays bearish as long as 0.6539 resistance holds. Firm break of 100% projection of 0.7660 to 0.6680 from 0.7135 at 0.6155 will target 138.2% projection at 0.5781. In the bigger picture, down trend form 0.8006 (2021 […]
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