AUD/USD recovered after edging lower to 0.6130 last week. Initial bias stays neutral this week for consolidations. Outlook will remain bearish as long as 0.6301 resistance holds. Break of 0.6130 will resume the fall from 0.6941 and target 61.8% projection of 0.6687 to 0.6198 from 0.6301 at 0.5999. However, considering bullish convergence condition in 4H […]
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