Forex Signal For AUD/USD: Bullish Breakout Showed 0,7100
Forex Signal For AUD/USD: Bullish Breakout Showed 0,7100
The pair will likely continue to rise as long as traders aim the next psychological level of 0,7100.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7100.
- Add a stop-loss at 0,6900.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Bullish Breakout Showed 0,7100
Bear Market Outlook
- Set a sell-stop at 0,6950 and a take profit at 0,6900.
- Add a stop-loss at 0,700.
The AUD/USD pair rose to its highest level since June 17 after the Federal Reserve posted another 0.75 percent rate hike on Tuesday. It rose more than 4,7%.
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