Forex Signal For AUD/USD: Negative H&S Signals Cause Movement Above 0,7200.
Forex Signal For AUD/USD: Negative H&S Signals Cause Movement Above 0,7200.
The pair will likely continue to rise as the Bull Market targets the key resistance level at around 0,7200
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7200.
- Add a stop-loss at 0,7080.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Negative H&S Signals Cause Movement Above 0,7200.
Bear Market Outlook
- Set a sell-stop at 0,7120 and a take profit at 0,7050.
- Add a stop-loss at 0,7220.
The AUD/USD pair is in a tight range after strong US producer inflation data and optimism over Ukraine, trading at 0,7140, a few points above this week's low of 0,7087.
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