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AUD/USD’s rally from 0.6864 continued to 0.7207 last week, but retreated since then. Considering bearish divergence condition in 4H MACD, a short term top could be formed. Break of 0.7136 will bring deeper fall back Read more…
USD/CAD’s extended rebound last week indicates short term bottoming at 1.3730. Initial bias is mildly on the upside this week. However, strong resistance is expected from 38.2% retracement of 1.4247 to 1.3730 at 1.3927 to Read more…
GBP/JPY edged higher to 217.45 last week but turned sideway since then. Initial bias remains neutral this week for more consolidations. But further rally is expected as long as 214.80 support holds. On the upside, Read more…