Forex Signal For AUD/USD: Currently Aussie Dollar Sales Continuing.
Forex Signal For AUD/USD: Currently Aussie Dollar Sales Continuing.
Bear Market Outlook
Sell the AUD/USD pair and take a profit at 0,6300.
Add a stop-loss at 0,6500.
Timetable: 1-2 days.
Forex Signal For AUD/USD: Currently Aussie Dollar Sales Continuing.
Bull Market Outlook
Set a buy stop at 0,6470 and a take profit at 0,6600.
Add a stop-loss at 0,6350.
The AUD/USD price continued its downtrend, gaining sustained selling momentum and dropping to 0,6447, its lowest point since May 1, 2020.
The pair has fallen more than 11% this year.