Forex Signal For AUD/USD: Rapid Rise Above 0,7150.
Forex Signal For AUD/USD: Rapid Rise Above 0,7150.
The pair will likely continue to rise as the bull market targets the next key resistance level at 0,7200.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7200.
- Add a stop-loss at 0,7060.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Rapid Rise Above 0,7150.
Bear Market Outlook
- Set a sell-stop at 0,7100 and a take profit at 0,7050.
- Add a stop-loss at 0,7150.
The AUD/USD price rally rebounded even after hawk comments from Reserve Bank of Australia (RBA) chief Philip Lowe, which are now trading at 0,7130, roughly 2,35% above January lows.
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