Forex Signal For AUD/USD: Negativity Increases Ahead of US NFP Data.
Forex Signal For AUD/USD: Negativity Increases Ahead of US NFP Data.
The pair is likely to continue its downtrend as long as sellers target key support at 0,6850
Bear Market Outlook
- Take a sell stop at 0,6920 and a profit at 0,6850.
- Add a stop-loss at 0,7020.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Negativity Increases Ahead of US NFP Data.
Bull Market Outlook
- Set a buy stop at 0,6970 and a take profit at 0,7060.
- Add a stop-loss at 0,6850.
AUD/USD price fell to 0,6945, roughly 1,40% above this week's low, while remaining significantly below this week's high, as traders reflected in the latest decision from the Reserve Bank of Australia (RBA).
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