Forex Signal For AUD/USD: Bears Still Retain Control for Now.
Forex Signal For AUD/USD: Bears Still Retain Control for Now.
The pair will continue to decline this week as bears target September's low of 0,7165.
Bear Market Outlook
- Sell AUD/USD and take a profit at 0,7165.
- Add a stop-loss at 0,7300.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Bears Still Retain Control for Now.
Bull Market Outlook
- Set a buy-stop at 0,7250 and a take profit at 0,7350.
- Add a stop-loss at 0,7150.
AUD/USD is trading at 0,7230, its lowest level since Oct. 6 th. It's down more than 4% from this month's high.
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