Forex Signal For AUD/USD Aussie Rebounds With Relief
Forex Signal For AUD/USD Aussie Rebounds With Relief
The parity will probably experience a revival as investors are buying the drops.
Bull Market View
- Buy AUD/USD and get profit at 0,7300.
- Add a stop-loss at 0,7100.
- Timeline: One or two days.
Forex Signal For AUD/USD Aussie Rebounds With Relief
Bear Market View
- Stop selling 0,7135 and set a profit at 0,7050.
- Add a stop-loss at 0,7200.
Concerns about the Chinese economy have led to a sharp drop in commodity prices, with the ANA/USD duo at its lowest level since February this year. Austria is operating at 0,7165, which is about 6,55% lower than the highest level this month.
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