Forex Signal For AUD/USD: Bullish Moment Continues
Forex Signal For AUD/USD: Bullish Moment Continues
The pair will likely continue to rise as long as the bull market targets 0,7100 as the next key resistance level.
Bull Market Outlook
- Buy AUD/USD and take a profit at 0,7100.
- Add a stop-loss at 0,6900.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Bullish Moment Continues
Bear Market Outlook
- Set sell stop at 0,6930 and take profit at 0,6850.
- Add a stop-loss at 0,7025.
AUD/USD price rises to its highest level since June 2022 as the US dollar continues to decline, while the Australian dollar is trading at 0,6956, significantly higher than this month's low of 0,6685.
You may also be interested in: