EUR/AUD Weekly Outlook

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EUR/AUD rebounded after dipping to 1.6072 last week, but upside is capped below 1.6258 support turned resistance. Initial bias remains neutral this week first, and outlook stays bearish. On the downside, decisive break of 1.6072/6108 will resume the whole down trend from 1.8554 high. Next target is 1.5359 projection level. However, decisive break of 1.6258 […]The post EUR/AUD Weekly Outlook appeared first on ActionForex.