Forex Signal For AUD/USD: Recovery Will Continue After RBA Release.
Forex Signal For AUD/USD: Recovery Will Continue After RBA Release.
The pair is likely to continue higher as the Bull Market targets the key resistance at 0,7170 September low.
Bull Market Outlook
- Buy AUD/USD and take a profit at 0,7170.
- Add a stop-loss at 0,7000.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Recovery Will Continue After RBA Release.
Bear Market Outlook
- Set a sell-stop at 0,7020 and a take profit at 0,6950.
- Add a stop-loss at 0,7100.
AUD/USD rose to 0,7058, just above last week's 0,7000, reflecting the latest Reserve Bank of Australia (RBA) rate decision on Tuesday morning.
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