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Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision

Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed

Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision
Yazar: Ross Sutton

Yayınlanma: 2 Kasım 2022 14:00

Güncellenme: 16 Kasım 2024 02:50

Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision

    Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision   The unemployment rate has dropped to 3,5% as the Australian economy is doing well. Wages continued to rise, although they remained lower than those of most developed countries.  

Bull Market Outlook

 
  • Buy the AUD/USD pair and take a profit at 0,6500.
  • Add a stop-loss at 0,6300.
  • Timeline: 1 day.
 

Forex Signal For AUD/USD: Australian Dollar Outlook Ahead of Fed Decision

 

Bear Market Outlook

 
  • Set a sell stop at 0,6350 and a take profit at 0,6250.
  • Add a stop-loss at 0,6450.
  The AUD/USD pair remained in the consolidation phase after the RBA's latest rate decision and traded at 0,6386, much lower than last week's high of 0,6525. Now the focus is on the monetary policy meeting of the Central Bank.   audusd_02112022_cryspus  

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