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June 2, 2025

EURAUD Gears for Upside Momentum as Correction Completes

Currently, the intraday bias for EURAUD remains mildly positive. A firm break at the 1.7745 level, which corresponds to the 38.2% retracement of the decline from 1.8554 to 1.7245, will reinforce the notion that the downward movement has completed its correction. This bullish sentiment could provide traders with opportunities. Keep an eye on this asset for potential upward movements.

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