Forex Signal For AUD/USD: Aussie at Risk When Omicron Arrives.
Forex Signal For AUD/USD: Aussie at Risk When Omicron Arrives.
The pair will likely continue to decline as the Bear Market targets key support at 0,7050.
Bear Market Outlook
- Sell AUD/USD and take a profit at 0,7050.
- Add a stop-loss at 0,7180.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie at Risk When Omicron Arrives.
Bull Market Outlook
- Set a buy-stop at 0,7150 and a take profit at 0,7250.
- Add a stop-loss at 0,7050.
Sales of the AUD/USD pair accelerated on Monday as concerns over the new Covid-19 variant slid to a monthly low of 0,7115, the lowest since August. This was 5,7% below the October high of 0,7550.
You may also be interested in: