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Forex Signal For AUD/USD: On Top Of The Big Bear Breakout

Forex Signal For AUD/USD: On Top Of The Big Bear Breakout Forex Signal For AUD/USD: On Top Of The Big Bear Breakout

Forex Signal For AUD/USD: On Top Of The Big Bear Breakout
Yazar: Ross Sutton

Yayınlanma: 13 Eylül 2021 10:12

Güncellenme: 17 Kasım 2024 07:45

Forex Signal For AUD/USD: On Top Of The Big Bear Breakout

    Forex Signal For AUD/USD: On Top Of The Big Bear Breakout  The pair is likely to resume its downtrend, especially if the bears manage to break below the key support at 0,7345.  

Bear Market Outlook

 
  • Set sell-stop at 0,7330 and take profit (61.8% retracement) at 0,7245.
  • Add a stop-loss at 0,7400.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: On Top Of The Big Bear Breakout

Bull Market Outlook

 
  • Set a buy-stop at 0,7350 and a take profit at 0,7450.
  • Add a stop-loss at 0,7300.
  AUD/USD price remains under pressure in early trading as Australia continues to make progress in coping with the new wave of COVID-19. The pair is trading at 0,7355, slightly above last week's low of 0,7345.   audusd-13092021  

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