Forex Signal For AUD/USD: Disadvantage Grows Amidst Fed and RBA Separation
Forex Signal For AUD/USD: Disadvantage Grows Amidst Fed and RBA Separation
The next key catalyst for the
AUD/USD price will be the upcoming Fed rate decision.
Bear Market Outlook
- Sell the AUD/USD pair and take a profit at 0,6500.
- Add a stop-loss at 0,6750.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Disadvantage Grows Amidst Fed and RBA Separation
Bull Market View
- Set a buy stop at 0,6725 and a take profit at 0,6850.
- Add a stop-loss at 0,6625.
AUD/USD price continued its downtrend following the relatively dovish RBA minutes and the upcoming Fed rate decision, with the pair slipping to a significantly lower 0,6680 from last week's high of 0,6915.
You may also be interested in: