AUD/USD edged lower to 0.6479 last week but turned sideway since then. Initial bias stays neutral this week for some more consolidations. But further decline is expected as long as 0.6609 minor resistance holds. Break of 0.6479 will resume the fall from 0.6798 to 0.6361 support next. In the bigger picture, overall, price actions from […]
Daily Pivots: (S1) 1.6480; (P) 1.6640; (R1) 1.6723; More… Intraday bias in EUR/AUD remains neutral at this point. While deeper retreat cannot be ruled out, outlook will remain bullish as long as 1.6474 support holds. On the upside, above 1.6798 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there […]
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