Forex Signal For AUD/USD: Aussie Still Continuing to Sell
Forex Signal For AUD/USD: Aussie Still Continuing to Sell
The
AUD/USD price also declined after the Federal Reserve released its Beige Book.
Bear Market Outlook
- Sell the AUD/USD pair and take a profit at 0,6170.
- Add a stop-loss at 0,6300.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie Still Continuing to Sell
Bull Market View
- Set a buy stop at 0,6320 and a take profit at 0,6400.
- Add a stop-loss at 0,6250.
The AUD/USD price continued to slide as traders focused on the latest Australian jobs data, dropping below this week's high of 0,6360 to 0,6265.
The Australian dollar has lost more than 13% this year.
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