Forex Signal For AUD/USD: Aussie In A Short Recovery Phase
Forex Signal For AUD/USD: Aussie In A Short Recovery Phase
The pair will likely continue to rise as the bull market targets key resistance at 0,6850.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,6850.
- Add a stop-loss at 0,6750.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie In A Short Recovery Phase
Bear Market Outlook
- Set a sell stop at 0,6761 and a take profit at 0,6682.
- Add a stop-loss at 0,6825.
AUD/USD price has retraced over the past two days as the US dollar rally stalls, climbing to 0,6800 June 11 high.
It was up about 1,65% from its lowest level this year.
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