EUR/AUD stayed in range above 1.6620 last week as consolidations continued. Initial bias stays neutral this week first and further fall is expected. Decisive break of 1.6620 will resume the larger decline from 1.8554 to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 next. However, firm break of 1.6830 resistance will indicate short […]
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