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Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade.

Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade. Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade.

Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade.
Yazar: Ross Sutton

Yayınlanma: 22 Aralık 2021 13:13

Güncellenme: 21 Kasım 2024 16:59

Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade.

    Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade. While the pair's outlook is bearish, a drop below the support at 0,7088 is likely.  

Bear Market Outlook

 
  • Set a sell-stop at 0,7085 and a take profit at 0,7000.
  • Add a stop-loss at 0,7100.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Eyes of the Bear Market 0,700 Relief Rally Will Fade.

 

Bull Market Outlook

 
  • Set a buy-stop at 0,7150 and a take profit at 0,7250.
  • Add a stop-loss at 0,7050.
  The AUD/USD price held steady on Wednesday morning as investors reflect on the last minutes of the Reserve Bank of Australia (RBA) as well as reacting to rising Covid-19 cases in the United States and Australia. It is trading at 0,7140, just above last Friday's low of 0,7082.   audusd-crispus-22122021  

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