Forex Signal For AUD/USD: The AUD Sale Is Not Over Yet.
Forex Signal For AUD/USD: The AUD Sale Is Not Over Yet.
AUD/USD's path of lowest resistance is lower and holds at 0,6800, the next key support.
Bear Market Outlook
- Sell the AUD/USD pair and take a profit at 0,6800.
- Add a stop-loss at 0,7000.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: The AUD Sale Is Not Over Yet.
Bull Market Outlook
- Set a buy stop at 0,6965 and a take profit at 0,7050.
- Add a stop-loss at 0,6885.
The AUD/USD price fell to its lowest point since 4 August and fell to 0,6912 from a monthly high of 0,7140 as the market reacted to the latest Australian jobs data and FOMC minutes.
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