Forex Signal For AUD/USD: Dropping Ahead of RBA Decision.
Forex Signal For AUD/USD: Dropping Ahead of RBA Decision.
The pair is likely to continue its downtrend as the Bear Market targets the key psychological level at 0,6750.
Bear Market Outlook
- Set a sell-stop at 0,6800 and a take profit at 0,6700.
- Add a stop-loss at 0,6800.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Dropping Ahead of RBA Decision.
Bull Market Outlook
- Set a buy stop at 0,6850 and a take profit at 0,6900.
- Add a stop-loss at 0,6800.
AUD/USD price remains stable after last week's crash, trading at 0,6815, significantly higher than last week's low of 0,6767.
This price is about 6,46% below the high point in June this year.
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