Forex Signal For AUD/USD: Stays Between Bearish Levels
Forex Signal For AUD/USD: Stays Between Bearish Levels
The pair is likely to show a bearish trend ahead of the upcoming US jobs data.
Bear Market View
- Sell the AUD/USD pair and take a profit at 0,7125.
- Add a stop-loss at 0,7245.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Stays Between Bearish Levels
Bull Market Outlook
- Set a buy-stop at 0,7220 and a take profit at 0,7300.
- Add a stop-loss at 0,7150.
AUD/USD stays in tight range after positive Australian economic numbers. It traded at 0,7165, just below this week's high of 0,88%.
It rose more than 5% from its low in May.
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