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Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms

Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms

Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms
Yazar: Ross Sutton

Yayınlanma: 19 Eylül 2022 17:06

Güncellenme: 19 Eylül 2022 14:14

Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms

    Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms   The AUD/USD pair continued its bearish trend on Monday as well, amid continued risk aversion in the market.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6600.
  • Add a stop-loss at 0,6800.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Curves Show Inverted Cup and Handle Forms

 

Bull Market Outlook

 
  • Set a buy stop at 0,6750 and a take profit at 0,6850.
  • Add a stop-loss at 0,6670.
  AUD/USD fell to its lowest level since 2020 as the strength of the US dollar continued, and the pair fell to 0,6670, which means the Australian dollar is down in double digits this year.  

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