EUR/AUD Weekly Outlook

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EUR/AUD’s extended decline last week indicates short term topping at 1.8155. But momentum diminished just ahead of 38.2% retracement of 1.7245 to 1.8155 at 1.7807, as seen in 4H MACD. Initial bias is turned neutral this week first. On the downside, sustained break of 1.7807 should confirm that whole rise from 1.7245 has completed. Corrective […]The post EUR/AUD Weekly Outlook appeared first on Action Forex.