Forex Signal For AUD/USD: Double Tops to Lose More.
Forex Signal For AUD/USD: Double Tops to Lose More.
The pair will likely continue to decline before and after the Fed decision.
Bear Market Outlook
- Sell AUD/USD and set a take profit at 0,7020.
- Add a stop-loss at 0,7200.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Double Tops to Lose More.
Bull Market Outlook
- Set a buy-stop at 0,7150 and a take profit at 0,7250.
- Add a stop-loss at 0,7100.
The AUD/USD pair has been fluctuating for the past few weeks ahead of the Federal Reserve's latest rate decision and is trading at 0,7120, just below last week's high of 0,7187.
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