EUR/AUD rebounded notably after initial dip to 1.6250. The development suggests that near term corrective pattern from 1.6108 (or 1.6125) is still extending. Initial bias is neutral this week first. On the upside, above 1.6492 will target 1.6617 resistance first. On the downside, break of 1.6250 will bring deeper fall back to retest 1.6108 low. […]The post EUR/AUD Weekly Outlook appeared first on ActionForex.