CROSSES: AUD/NZD is in a solid downtrend still and after bouncing sharply from 1.1750, I’m expecting resistance to be very solid near 1.2000 (see chart). If you’re very bearish on the AUD, this could be a good trade opportunity.
AUD/JPY is trying to base at an important technical support level (see chart) near 89.25/50.
EUR/AUD (see chart) is trying to form a cap near weekly resistance at 1.4400.
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