EUR/AUD stayed in range of 1.6250/6503 last week. Initial bias remains neutral this week first. Current development suggests that the corrective pattern from 1.6108 (or 1.6125) is still extending. On the upside, above 1.6530 will target 1.6617 resistance first. On the downside, break of 1.6250 will bring deeper fall back to retest 1.6108 low. In […]
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USD/CHF remains bounded in range below 0.8206 last week. Initial bias stays neutral this week for consolidations, and further rally is expected as long as 0.8029 support holds. Firm break of 0.8205 will extend the Read more…
AUD/USD’s rebound from 0.6864 continued last week despite brief setback. Initial bias is on the upside this week for 100% projection of 0.6864 to 0.7026 from 0.6921 at 0.7083. Firm break there could prompt upside Read more…
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