Forecasts

AUD/USD Weekly Report



AUD/USD’s decline from 0.7156 resumed by breaking through 0.6563 support last week. A temporary low was formed after falling to 0.6489. Initial bias is neutral this week for some consolidations first. Upside of recovery should be limited by 0.6604 support turned resistance to bring another decline. Break of 0.6489 will target 61.8% projection of 0.7156 […]

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