EUR/AUD’s extended rebound last week confirmed short term bottoming at 1.6125. Initial bias stays on the upside this week. Sustained break of 55 D EMA (now at 0.6756) will pave the way to 38.2% retracement of 1.8554 to 1.6125 at 1.7053. On the downside, below 1.6607 minor support will turn intraday bias neutral first. In […]The post EUR/AUD Weekly Outlook appeared first on ActionForex.