Forex Signal For AUD/USD: A Breakout Expected at 0,6828 Possibly Bearish Market.
Forex Signal For AUD/USD: A Breakout Expected at 0,6828 Possibly Bearish Market.
The pair is likely to continue its downtrend as Bear Market targets support at 0,6828.
Bear Market View
- Sell the AUD/USD pair and take a profit at 0,6828.
- Add a stop-loss at 0,7050.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: A Breakout Expected at 0,6828 Possibly Bearish Market.
Bull Market Outlook
- Set a buy stop at 0,7025 and a take profit at 0,7100.
- Add a stop-loss at 0,6870.
The AUD/USD pair edged up slightly as investors reflected on multiple events and data points, while it rose to 0,7016 after the Fed made a hawkish decision.
This price is about 5% below this month's high.
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