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Forex Signal For AUD/USD: Trend Patterns Turn Upside Down

Forex Signal For AUD/USD: Trend Patterns Turn Upside Down Forex Signal For AUD/USD: Trend Patterns Turn Upside Down

Forex Signal For AUD/USD: Trend Patterns Turn Upside Down
Yazar: Ross Sutton

Yayınlanma: 21 Haziran 2022 14:22

Güncellenme: 8 Kasım 2024 13:44

Forex Signal For AUD/USD: Trend Patterns Turn Upside Down

    Forex Signal For AUD/USD: Trend Patterns Turn Upside Down   Over the past few days, key commodity prices have maintained a strong downward trend.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6830.
  • Add a stop-loss at 0,7020.
  • Timetable: 2 days.
 

Forex Signal For AUD/USD: Trend Patterns Turn Upside Down

 

Bull Market Outlook

 
  • Set a buy stop at 0.700 and a take profit at 0,7050.
  • Add a stop-loss at 0,6950.
The AUD/USD pair moved sideways on Tuesday morning after the last minutes of the Reserve Bank of Australia (RBA), reacting to falling iron ore prices as concerns over global growth continued. The pair is trading at 0,6957 and this week's high is just below 0,700.   audusd-june2122-crispus  

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