Forex Signal For AUD/USD: A Drop To 0,7150 Is Out Of Review.
Forex Signal For AUD/USD: A Drop To 0,7150 Is Out Of Review.
The pair will continue to move in a downtrend as long as it is below the Ichimoku cloud and the 25-day moving average.
Bear Market Outlook
- Sell AUD/USD and set a take profit at 0,7150.
- Add a stop-loss at 0,7350.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: A Drop To 0,7150 Is Out Of Review.
Bull Market Outlook
- Set a buy-stop at 0,7250 and a take profit at 0,7350.
- Add a stop-loss at 0,7150.
The AUD/USD pair has been in a major downtrend recently. The pair is trading at 0,7220, its lowest level since October this year. It fell more than 4.40% from its October high.
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