Forex Signal For AUD/USD: Falling to 0,6250 Still Valid.
Forex Signal For AUD/USD: Falling to 0,6250 Still Valid.
The next key piece of data to watch is expected to be the US GDP data scheduled for Thursday.
Bear Market Outlook
Take a sell-stop at 0,6425 and a profit at 0,6250.
Add a stop-loss at 0,6600.
Timetable: 1-2 days.
Forex Signal For AUD/USD: Falling to 0,6250 Still Valid.
Bull Market Outlook
Set a buy stop at 0,6600 and a take profit at 0,6700.
Add a stop-loss at 0,6500.
AUD/USD price rose slightly in the night session as traders moved to buy the dip after the recent crash and the pair saw an upside move this week to 0,6550, its highest point since Monday.