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Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns

Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China

Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns
Yazar: Ross Sutton

Yayınlanma: 8 Ağustos 2022 13:04

Güncellenme: 15 Nisan 2024 00:40

Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns

    Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns   As long as the sellers target this support at 0,6850, the pair will likely continue to decline.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take profit at 0,6850.
  • Add a stop-loss at 0,6950.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Drop To 0.6800 Appears Amid China-Taiwan Concerns

 

Bull Market Outlook

 
  • Set a buy stop at 0,6945 and a take profit at 0,7050.
  • Add a stop-loss at 0,6875.
 AUD/USD price pulled back on Monday morning and fell to 0,6875, its lowest level since July 21, while continuing its spectacular decline from Friday last week. It fell below 2,50%, this month's high.   audusd-crispus-08082022  

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