AUD/USD’s breach of 0.6589 last week suggests that rise from 0.5913 is resuming. Initial bias stays on the upside this week for 0.6713 fibonacci level. On the downside, however, firm break of 0.6484 support will now indicate short term topping, and turn bias back to the downside for 0.6372 support. In the bigger picture, there […]

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