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Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision.

Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision. Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of

Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision.
Yazar: Ross Sutton

Yayınlanma: 5 Eylül 2022 19:00

Güncellenme: 23 Kasım 2024 13:25

Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision.

    Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision.   The pair is expected to continue its downtrend as long as the sellers aim the next psychological level at 0,6700.  

Bear Market Outlook

 
  • Sell ​​AUD/USD and take a profit at 0,6700.
  • Add a stop-loss at 0,6870.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Break Below H&S Neckline Ahead of RBA Decision.

 

Bull Market Outlook

 
  • Set a buy stop at 0,6850 and a take profit at 0,6950.
  • Add a stop-loss at 0,6750.
The AUD/USD price moved sideways on Monday morning as focus shifted to the Bank of Australia's (RBA) upcoming interest rate decision, while the pair was trading at 0,6815, slightly above last week's low.   audusd_05092022_cryspus  

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