Forex Signal For AUD/USD: Aussie Dollar Expands Ride Area for Recovery.
Forex Signal For AUD/USD: Aussie Dollar Expands Ride Area for Recovery.
The pair will likely continue to rise as long as the Bull Market targets the 50% retracement point at 0,6980.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,6981.
- Add a stop-loss at 0,6900.
- Timetable: 1 day.
Forex Signal For AUD/USD: Aussie Dollar Expands Ride Area for Recovery.
Bear Market Outlook
- Take a sell-stop at 0,6867 and a profit at 0,6800.
- Add a stop-loss at 0,6935.
The AUD/USD currency pair rally continued on Wednesday morning as the price of the pair climbed to 0,6900, its highest point since July 1.
It rose above last week's low of 3,30%.
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