Forex Signal For AUD/USD: Neutral Reaction Ahead of FOMC Talks
Forex Signal For AUD/USD: Neutral Reaction Ahead of FOMC Talks
The pair will likely be bullish or bearish before or after the Fed decision.
Bull Market Outlook
- Set a buy-stop at 0,7380 and a take profit at 0,7450.
- Add a stop-loss at 0,7250.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Neutral Reaction Ahead of FOMC Talks
Bear Market Outlook
- Set a stop-loss at 0,7350 and a take profit at 0,7250.
- Add a stop-loss at 0,7450.
AUD/USD has not changed its consolidation mode as traders focus on the latest Australian inflation, lockdown news and the upcoming FOMC decision. The pair continues to trade at the 0,7365 level it has been for the past few days.
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