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AUD/USD Forex Signal: Bearish Rules at New Close Period in Australia

AUD/USD Forex Signal: Bearish Rules at New Close Period in AustraliaAUD/USD Forex Signal: Bearish Rules at New Close Period in Australia

AUD/USD Forex Signal: Bearish Rules at New Close Period in Australia
Yazar: Ross Sutton

Yayınlanma: 26 Temmuz 2021 15:17

Güncellenme: 15 Kasım 2024 18:55

AUD/USD Forex Signal: Bearish Rules at New Close Period in Australia

  AUD/USD Forex Signal: Bearish Rules at New Close Period in Australia   As this pattern is usually a sign of a downtrend, the pair will likely continue its downtrend.  

Bear Market Outlook

  • Sell AUD/USD to take a profit at 0,7460.
  • Add a stop-loss at 0,7580.
  • Timetable: 1-2 days.

AUD/USD Forex Signal: Bearish Rules at New Close Period in Australia

Bull Market Outlook

  • Set a buy-stop at 0,7530 and a take profit at 0,7600.
  • Add a stop-loss at 0,7480.
  The AUD/USD pair showed little change in early trading in light of US non-farm payrolls (NFP) and soon-to-be-announced Reserve Bank of Australia (RBA) interest rate decisions. The pair is trading at 0,7520, about 1% above last week's low.   audusd-26072021  

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