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Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs

Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs.Forex Si

Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs
Yazar: Ross Sutton

Yayınlanma: 9 Ağustos 2021 14:22

Güncellenme: 11 Kasım 2024 16:27

Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs

  Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs   The pair will likely continue its downward trend ahead of US inflation figures.    

Bear market Outlook

 
  • Sell-stop AUD/USD set to take a profit at 0,7290.
  • Add a stop-loss at 0,7413.
  • Timetable: 1-2 days.

Forex Signal For AUD/USD: Bearish Trend Remains After Strong NFPs

Bull Market Outlook

 
  • Set a buy-stop at 0,7365 and a take profit at 0,7415.
  • Add a stop-loss at 0,7300.
The AUD/USD pair remains steady near its low last week, trading at 0,7350, about one percent below the high, after strong US employment numbers and Australia continue to grapple with a rise in new cases.   audusd-09082021  

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