Forex Signal For AUD/USD: Pair Extremely Declining As Bond Yields Rise.
Forex Signal For AUD/USD: Pair Extremely Declining As Bond Yields Rise.
America's bond yields remain bullish as they remain focused on the upcoming Federal Open Market Committee (FOMC) meeting.
Bear Market Outlook
- Sell the AUD/USD pair and take a profit at 0,6600.
- Add a stop-loss at 0,6780.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Pair Extremely Declining As Bond Yields Rise.
Bull Market Outlook
- Set a buy stop at 0,6735 and a take profit at 0,6800.
- Add a stop-loss at 0,6670.
The AUD/USD price moved sideways on Tuesday morning as US bond yields rallied to a ten-year high and the pair dropped to 0,6700 and dropped significantly from the August high of 0,7137.
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