Forex Signal For AUD/USD: Aussie View Ahead of RBA Decision
Forex Signal For AUD/USD: Aussie View Ahead of RBA Decision
The main catalyst for the
AUD/USD price is expected to be the forthcoming interest rate decision by the Reserve Bank of Australia.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,6520.
- Add a stop-loss at 0,6300.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie View Ahead of RBA Decision
Bear Market Outlook
- Set a sell stop at 0,6365 and a take profit at 0,6250.
- Add a stop-loss at 0,6450.
AUD/USD fell below last month's high of 0,6520 to 0,6400 as investors focus on the upcoming Reserve Bank of Australia (RBA) and Fed rate decision.
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