AUD/USD Weekly Outlook

AUD/USD turned sideway sideway consolidation last week after hitting 0.9303. Initial bias is neutral this week first. With 0.9137 support intact, near term outlook stays bullish and another rise is expected. Break of 100% projection of 0.8659 to 0.9080 from 0.8890 at 0.9311 will confirm rally resumption and target 161.8%

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From Action Insight (All Technical) by Otmane EL RHAZI.

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