AUD/USD edged higher to 0.6823 last week but lost momentum and retreated. Initial bias is turned neutral this week for consolidations. Break of 0.6283 will target 0.6870 resistance. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. However, break of 0.6696 support will indicate short term topping, on bearish […]

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