While AUD/USD recovered last week, it failed to break through 0.6715 resistance decisively. Initial bias remains neutral first. On the upside, decisive break of 0.6715 will confirm short term bottoming at 0.6563, just ahead of 0.6546 fibonacci level. Intraday bias will be back on the upside for 55 day EMA (now at 0.6784). Sustained break […]
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