Forex Signal For AUD/USD: Down More Than Double Top.
Forex Signal For AUD/USD: Down More Than Double Top.
As bears target the next key support at 0,7170, the parity may continue to withdraw.
Bear Market Outlook
・ Sell the
AUD/USD couple and set up a profit at 0,7170.
・ Add a stop-loss at 0,7320.
・ Timeline: One day.
Forex Signal For AUD/USD: Down More Than Double Top.
Bull Market Outlook
・ Set a purchase-stop at 0,7270 and a profit at 0,7330.
・ Add a stop-loss at 0,7200.
Although some of the gains made on Tuesday following the recent bank of Australia decision on AUD/USD couple had been written off, their trail appears to be slightly below the border at 0,7290 on Tuesday.
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