Forex Signal For AUD/USD: Extremely High Above 0,7220
Forex Signal For AUD/USD: Extremely High Above 0,7220
Expectations are for a possible upside for the pair as the bull market targets the next key resistance level at 0,7300.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7300.
- Add a stop-loss at 0,7127.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Extremely High Above 0,7220
Bear Market Outlook
- Set a sell-stop at 0,7150 and a take profit at 0,7100.
- Add a stop-loss at 0,7250.
AUD/USD price moved sideways on Wednesday morning after the latest Australian GDP and Chinese PMI figures, trading at 0,7185, roughly 5,32% above May lows.
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