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Forex Signal For AUD/USD: Australian Dollar Selling Overflows

Forex Signal For AUD/USD: Australian Dollar Selling Overflows Forex Signal For AUD/USD: Australian Dollar Selling Overflows

Forex Signal For AUD/USD: Australian Dollar Selling Overflows
Yazar: Ross Sutton

Yayınlanma: 7 Nisan 2022 13:21

Güncellenme: 15 Kasım 2024 04:01

Forex Signal For AUD/USD: Australian Dollar Selling Overflows

    Forex Signal For AUD/USD: Australian Dollar Selling Overflows Although the outlook has been on the decline, the party may return as long as investors buy the decline.  

Bull Market View

 
  • Buy-stop at 0,7520, set profit to 0,7645.
  • Add a stop-loss to 0,7450.
  • Timeline: One or two days.
   

Forex Signal For AUD/USD: Australian Dollar Selling Overflows

   

Bear Market View

 
  • Set the sales-stop to 0,7440 and the buyer-profit ratio to 0,7350.
  • Add a stop-loss to 0,7600.
  The AUD/USD pair slide continued on Thursday morning as analysts boosted their forecasts for the Reserve Bank of Australia (RBA) to rise in June. It is trading at 0,7477, lower than this week's high of 0,7660.
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