CROSSES: EUR/AUD is trying to form a short-term top near previous weekly highs around 1.4400 (see chart) and if this can form it will open the possibility of a retracement towards 1.3500. AUD/NZD has bounced off last week’s 1.1750 lows but will be toppy now near 1.2000. AUD/JPY is oscillating around 90.00 and trying to find its next directional move.
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