Forex Signal For AUD/USD: Melting of Australian Dollar to Speed
Forex Signal For AUD/USD: Melting of Australian Dollar to Speed
Bear Market Outlook
Sell the AUD/USD pair and take a profit at 0,6300.
Add a stop-loss at 0,6400.
Timetable: 1-2 days.
Forex Signal For AUD/USD: Melting of Australian Dollar to Speed
Bull Market View
Set a buy stop at 0,6400 and a take profit at 0,6500.
Add a stop-loss at 0,6300.
AUD/USD price slumped to its lowest level since 2020 as the strength of the US dollar continued and commodities pulled back to 0,6355, much lower from last week's high of 0,6538.