AUD/USD’s fall from 0.6706 resumed by breaking through 0.6439 support last week. Initial bias stays on the downside for 0.6413 cluster (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Decisive break there should confirm near term bearish reversal. Next target is 100% projection of 0.6706 to 0.6439 from 0.6579 at 0.6312. ON the upside, though, […]
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