Forex Signal For AUD/USD: The Trend Is Still On The Rise
Forex Signal For AUD/USD: The Trend Is Still On The Rise
The pair will likely continue to rise as the bulls target the upper side of the ascending channel at 0,7172.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7200.
- Add a stop-loss at 0,7150.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: The Trend Is Still On The Rise
Bear Market Outlook
- Set a sell-stop at 0,7058 and a take profit at 0,7000.
- Add a stop-loss at 0,7150.
The AUD/USD pair rallied as the US dollar pulled back after the Federal Reserve's last minutes and hit 0.7091 on Thursday morning.
This week's low holds just over 0,7037.
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