Forex Signal For AUD/USD: Bullish Feeling Remains
Forex Signal For AUD/USD: Bullish Feeling Remains
On the flip side, a dip below 0,7230 would invalidate this view as the bulls target the key resistance level at 0,7350.
Bull Market Outlook
- Buy AUD/USD and take a profit at 0,7350.
- Add a stop-loss at 0,7200.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Bullish Feeling Remains
Bear Market Outlook
- Set a sell-stop at 0,7250 and a take profit at 0,7150.
- Add a stop-loss at 0,7350.
AUD/USD rose to 0,7290, slightly above last week's low of 0,7240, as investors cheered on the ongoing vaccine progress in Australia and the reopening plan in New South Wales (NSW).
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