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Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850

Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850 Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850

Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850
Yazar: Ross Sutton

Yayınlanma: 20 Haziran 2022 12:37

Güncellenme: 22 Aralık 2024 22:17

Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850

    Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850   The pair is likely to continue lower as the bears target the key support level at 0,6850 June 15 low.  

Bear Market view

 
  • Sell ​​the AUD/USD pair and take profit at 0,6850.
  • Add a stop-loss at 0,7025.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Markets Ready for a Decline of 0,6850

 

Bull Market Outlook

 
  • Set a buy stop at 0.700 and add a take profit at 0,7050.
  • Add a stop-loss at 0,6870.
AUD/USD fell to 0.6935, about 4,5% below this month's high, as global recession concerns persist and the dollar continues to hold its strength.   audusd-crispus-20062022  

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