 A short term top should be formed at 0.6892 last week after the deep decline from there. Initial bias in AUDUSD remains on the downside this week for 38.2 retracement of 0.6169 to 0.6892 at 0.6616. Sustained break there will suggest rejection by 0.66871 fibonacci level. Deeper fall should then be seen to 61.8 retracement ... The post AUDUSD Weekly Outlook appeared first on Action Forex... 