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Forex Signal For AUD/USD: Bearish Trend Following Stock Range

Forex Signal For AUD/USD: Bearish Trend Following Stock Range

Forex Signal For AUD/USD: Bearish Trend Following Stock Range
Yazar: Ross Sutton

Yayınlanma: 11 Ağustos 2021 12:09

Güncellenme: 7 Kasım 2024 14:18

Forex Signal For AUD/USD: Bearish Trend Following Stock Range

  Forex Signal For AUD/USD: Bearish Trend Following Stock Range   The pair will likely stay range-bound with a bearish bias.  

Bear Market Outlook

 
  • Buy sell-stop at 0,7330 and set to take profit at 0,7250
  • Add a stop-loss at 0,7400
  • Timetable: 1-2 days.

Forex Signal For AUD/USD: Bearish Trend Following Stock Range

Bull Market Outlook

 
  • Set a buy-stop at 0,7360 and a take profit at 0,7450.
  • Add a stop-loss at 0,7300.
  The AUD/USD pair remained in consolidation mode after relatively weak Australian consumer confidence data and as iron ore prices fell. It continues to trade at 0,7345 where it has been for the past few days.   audusd-11082021  

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