Forex Signal For AUD/USD: Expected Retracement to 0,7150.
Forex Signal For AUD/USD: Expected Retracement to 0,7150.
The pair is likely to continue its downtrend and retest the lower border of the channel at 0,7170.
Bear Market Outlook
- Sell AUD/USD and set a take profit at 0,7150.
- Add a stop-loss at 0,7300.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Expected Retracement to 0,7150.
Bull Market Outlook
- Set a buy-stop at 0,7260 and a take profit at 0,7330.
- Add a stop-loss at 0,7200.
The AUD/USD pair rallied to trade at 0,7225 overnight as the US dollar pulled back and settled just above this week's low of 0,7173.
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