AUD/USD Weekly Report

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AUD/USD remained bounded in established range last week and outlook is unchanged. Initial bias stays neutral this week. With 0.6943 support intact, further rally is still expected. On the upside, firm break of 100% projection of 0.5913 to 0.6706 from 0.6420 at 0.7213 could prompt upside acceleration to 161.8% projection at 0.7703. However, firm break […]The post AUD/USD Weekly Report appeared first on ActionForex.