RSS EUR/AUD Weekly Outlook

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 RSS EUR/AUD Weekly Outlook

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EUR/AUD’s deep retreat last week confirmed short term topping at 1.6800. Yet, it recovered just ahead of 38.2% retracement of 1.5963 to 1.6800 at 1.6480. Initial bias is turned neutral this week first. Risk is now mildly on the downside as long as 1.6800 resistance holds, in case of extended recovery. Firm break of 1.6480 […]

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