Forex Signal For AUD/USD: Sell to Concentrate.
Forex Signal For AUD/USD: Sell to Concentrate.
The pair will likely continue to decline as the market targets the key resistance level at 0,7200.
Bear Market Outlook
- Sell the AUD/USD pair and set a take profit at 0,7200.
- Add a stop-loss at 0,7400.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Sell to Concentrate.
Bull Market Outlook
- Set a buy-stop at 0,7340 and a take profit at 0,7450.
- Add a stop-loss at 0,7250.
The AUD/USD pair fell slightly during the American session to 0,7310, slightly above last week's low of 0,7280, as the market reflected on US retail sales data and the Reserve Bank of Australia.
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