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Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision

Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA

Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision
Yazar: Ross Sutton

Yayınlanma: 3 Ekim 2022 13:11

Güncellenme: 1 Mayıs 2024 20:37

Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision

    Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision   The Australian dollar is expected to react to a few key economic data from the US and Australia.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6250.
  • Add a stop-loss at 0,6500.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Ongoing Drop Sensitivity Ahead of RBA Decision

 

Bull Market Outlook

 
  • Set a buy stop at 0,6450 and a take profit at 0,6550.
  • Add a stop-loss at 0,6350.
  The Australian dollar remained under pressure in the last part of last week despite the pullback of other developed country currencies such as the Australian (RBA) interest rate sterling and the euro, while the price of the pair remained close to a two-year low ahead of the upcoming Reserve Bank.   audusd_03102022_cryspus  

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