Forex Signal For AUD/USD: Bulls Have Strong Tendency, Likely to Be Withdrawn
Forex Signal For AUD/USD: Bulls Have Strong Tendency, Likely to Be Withdrawn
Although the overview is on the rise, there is likely to be a retreat, as it creates an appearance that looks like a double overhead formation.
Bear Market View
- Sell AUD/USD pair and based on value 0,7360.
- Add a stop-loss to 0,7550.
- Timeline: 1-2 days.
Forex Signal For AUD/USD: Bulls Have Strong Tendency, Likely to Be Withdrawn
Bull Market View
- 0,7455 buy-stop, profit 0,7525.
- Add a stop-loss to 0,7360.
The AUD/USD duo is traded at 0,7436, just after Jerome Powell announced the hawk, at an estimated 6,8% above its highest level since November 4th, 2021 and at this year’s lowest level.
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