Forex Signal For AUD/USD: Consolidation Looks To Continue.
Forex Signal For AUD/USD: Consolidation Looks To Continue.
The pair seems to stay in this range ahead of the US PPI data today.
Bear Market Outlook
- Set a sell-stop at 0,7330 and take a profit at 0,7250
- Add a stop-loss at 0,7400.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Consolidation Looks To Continue.
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Bull Market Outlook
- Set a buy-stop at 0,7410 and a take profit at 0,7500.
- Add a stop-loss at 0,7350.
AUD/USD remained in a narrow range in the night session due to the quarantine of the state of Canberra following a positive COVID case. The pair is trading at 0,7363, slightly lower than Wednesday's high of 1,3980.
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