Forex Signal For AUD/USD: Aussie Will Drop After Testing Resistance.
Forex Signal For AUD/USD: Aussie Will Drop After Testing Resistance.
The pair will likely continue to decline as the Bear Market targets the lower side of the channel at 0,7175.
Bear Market Outlook
- Sell AUD/USD and set a take profit at 0,7150.
- Add a stop-loss at 0,7300.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Aussie Will Drop After Testing Resistance.
Bull Market Outlook
- Buy AUD/USD and set atake-profit at 0,7300.
- Add a stop-loss at 0,7200.
The AUD/USD pair edged lower amid lower volumes Wednesday morning and traded at 0,7230, about 0,50% below this week's high.
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