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Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800.

Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800. Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800.

Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800.
Yazar: Ross Sutton

Yayınlanma: 29 Haziran 2022 17:06

Güncellenme: 12 Kasım 2024 10:10

Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800.

    Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800. Since this pattern resembles a pennant, the pair is likely to show a bearish bias.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6800.
  • Add a stop-loss at 0,7025.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Bear Market Breakout Stays Ahead of 0,6800.

 

Bull Market Outlook

 
  • Buy at 0,6980
  • Set a stop and a take profit at 0,7050.
  • Add a stop-loss at 0,6900.
AUD/USD price remains in consolidation mode after relatively mixed economic data from the United States, while Australian government bond yields remain in the range where they continue to trend upwards. The pair is trading at 0,6922 where it has been for the past few days. That price is a few points above this month's lowest price.   audusd-crispus-29062022  

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