Forex Signal For AUD/USD: Australian Dollar Continues Strengthening.
Forex Signal For AUD/USD: Australian Dollar Continues Strengthening.
The pair is expected to react to the upcoming US producer price index (PPI) data.
Bull Market Outlook
- Buy the AUD/USD pair and take profit at 0,6800.
- Add a stop-loss at 0,6650.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Australian Dollar Continues Strengthening.
Bear Market Outlook
- Sell AUD/USD and take profit at 0,6600.
- Add a stop-loss at 0,6750.
The AUD/USD price continued to climb to 0,6722, its highest point since September this year, as the market awaits the upcoming meeting between Xi Jinping and Anthony Albanese.
The Australian dollar has appreciated more than 8% in the past few weeks.
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