Forex Signal For AUD/USD: Moderately Uptrend For Now.
Forex Signal For AUD/USD: Moderately Uptrend For Now.
The pair will likely continue to rise as the bull market targets the 38,2% retracement level at 0,7210.
Bull Market Outlook
- Buy AUD/USD and take a profit at 0,7210.
- Add a stop-loss at 0,7050.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Moderately Uptrend For Now.
Bear Market Outlook
- Set a sell-stop at 0,7100 and a take profit at 0,700.
- Add a stop-loss at 0,7200.
AUD/USD continues to rise as investors ponder the latest interest rate decision from the Reserve Bank of Australia (RBA) and is trading at 0,7137 above last week's low of 0,700.
You may also be interested in: