Forex Signal For AUD/USD: Australian Pressure Becomes Prominent Amid Fed and RBA Divergence.
Forex Signal For AUD/USD: Australian Pressure Becomes Prominent Amid Fed and RBA Divergence.
Bear Market Outlook
Sell the AUD/USD pair and take a profit at 0,6100.
Add a stop-loss at 0,6300.
Timetable: 1-2 days.
Forex Signal For AUD/USD: Australian Pressure Becomes Prominent Amid Fed and RBA Divergence.
Bull Market Outlook
Set a buy stop at 0,6250 and a take profit at 0,6350.
Add a stop-loss at 0,6150.
The AUD/USD price was trading at 0,6200 on Monday morning as commodity prices fell and the US dollar rose after the latest US inflation data faced heavy selling.
This month's low was slightly higher at 0,6176.