Forex Signal For AUD/USD: Bearish in RBA Pivot Environment
Forex Signal For AUD/USD: Bearish in RBA Pivot Environment
Bear Market Outlook
- Sell the AUD/USD pair and take a profit at 0,6350.
- Add a stop-loss at 0,6550.
- Timeline: 1 day.
Forex Signal For AUD/USD: Bearish in RBA Pivot Environment
Bull Market Outlook
- Set a buy stop at 0,6510 and a take profit at 0,6650.
- Add a stop-loss at 0,6450.
AUD/USD price moved sideways on Tuesday and Wednesday mornings, reflecting the market's recent Reserve Bank of Australia (RBA) rate decision, while the pair was trading at 0,6472, just below Tuesday's high of 0,6558.
You may also be interested in: