Forex Signal For AUD/USD: Bears Flag Indicates More Weakness.
Forex Signal For AUD/USD: Bears Flag Indicates More Weakness.
The appearance of the bear flag indicates the possibility that the party will continue to fall soon
Bear Market Outlook
- Sell the AUD/USD pair and get 0,7100 base points.
- Add a stop-loss to 0,7270.
- Timeline: One or two days.
Forex Signal For AUD/USD: Bears Flag Indicates More Weakness.
Bull Market Outlook
- Set 0,7240 for a buy-stop and a profit for 0,7350.
- Add a stop-loss to 0,7150.
AUD/USD pairs are monitored at 0,7200 following the steady flow of the market during the last RBA minutes and the approaching Federal Reserve decision Wednesday morning, slightly higher than 0,7175 this week.
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