Forex Signal For AUD/USD: Aussie Expected To Make A Possible Rebound To 0,700.
Forex Signal For AUD/USD: Aussie Expected To Make A Possible Rebound To 0,700.
The pair will likely continue its uptrend as long as buyers try to test the 50% retracement level at 0,6988.
Bull Market Outlook
- Set a buy stop at 0,6910 and a take profit at 0,700.
- Add a stop-loss at 0,6825.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie Expected To Make A Possible Rebound To 0,700.
Bear Market Outlook
- Take a sell-stop at 0,6853 and a profit at 0,6800.
- Add a stop-loss at 0,6925.
The
AUD/USD currency pair fell slightly to 0,6880, just below this week's high of 0,6931, after the Australian government began reviewing the RBA.
This price is about 2,96% above this month's low of 0,6685.
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