Forex Signal For AUD/USD: Pair Increases Further Before Australian Data Dump.
Forex Signal For AUD/USD: Pair Increases Further Before Australian Data Dump.
The pair will likely continue to rise as traders target the next key resistance at 0,7235, which is on the upper side of the curve.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7230.
- Add a stop-loss at 0,7100.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Pair Increases Further Before Australian Data Dump.
Bear Market Outlook
- Set a sell-stop at 0,7150 and a take profit at 0,7100.
- Add a stop-loss at 0,7200.
The AUD/USD pair continued to rebound on Monday as investors reviewed key economic data from Australia and climbed to 0,7160 just above this month's low of 0,6830.
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