Forex Signal For AUD/USD: A Possible Pullback to 0,7100.
Forex Signal For AUD/USD: A Possible Pullback to 0,7100.
The pair is likely to continue its downtrend as the Bear Market targets the key support level at 0,7100.
Bear Market Outlook
- Set a sell-stop at 0,7160 and a take profit at 0,7100.
- Add a stop-loss at 0,7240.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: A Possible Pullback to 0,7100.
Bull Market Outlook
- Set a buy-stop at 0,7210 and a take profit at 0,7300.
- Add a stop-loss at 0,7150.
The
AUD/USD pair moved in a tight range on Monday morning as investors evaluated the impact of American jobs data on Fed policy, while the market watched the impact of rising Covid-19 cases in the US and Australia.
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