EUR/AUD Weekly Outlook

While EUR/AUD dropped notably last week, downside is contained well above 1.5254/71 support zone. Initial bias stays neutral first. On the downside, firm break of 1.5254/71 will carry larger bearish implication and resume the fall from 1.5976. On the upside, above 1.5650 will resume the rebound to 1.5749 resistance. In the bigger picture, it’s still […] The post EUR/AUD Weekly Outlook appeared first on Action Forex.
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