Forex Signal For AUD/USD More Probability to Drop Below 0,7300
Forex Signal For AUD/USD More Probability to Drop Below 0,7300
The pair will likely continue its downtrend as it targets the next key support at 0,7300 in the bear market.
Bear Market Outlook
- Sell AUD/USD and set to take a profit at 0,7288
- Add a stop-loss at 0,7400.
- Timetable: 1-2 days.
Forex Signal For AUD/USD More Probability to Drop Below 0,7300
Bull Market Outlook
- Set a buy-stop at 0,7382 and a take profit at 0,7450.
- Add a stop-loss at 0,7300.
AUD/USD price declined in early trading as the COVID situation and business outlook worsened.
The pair dropped to 0,7352, the lowest level since Friday last week.
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