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Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound.

Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound. Forex Signal For AUD/USD: Australian Dollar Expected

Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound.
Yazar: Ross Sutton

Yayınlanma: 3 Ağustos 2022 12:19

Güncellenme: 7 Kasım 2024 10:58

Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound.

    Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound.   The pair will likely continue to decline to complete its upside-down pattern at 0,6850.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take profit at 0,6850.
  • Add a stop-loss at 0,7000.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Australian Dollar Expected to Retest 0,6850 Before Rebound.

 

Bull Market Outlook

 
  • Set a buy stop at 0,6980 and a take profit at 0,7025.
  • Add a stop-loss at 0,6900.
The AUD/USD price fell sharply after the Australian central bank's rate decision this month, dropping to 0.6910, its lowest level since July 25. It remains about 3,70% above the low point in July.   audusd-crispus-03082022 (1)  

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