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Forex Signal For AUD/USD: Path of Least Resistance Detected Rising.

Forex Signal For AUD/USD: Path of Least Resistance Detected Rising. Forex Signal For AUD/USD: Path of Least Resistance Detected Rising.

Forex Signal For AUD/USD: Path of Least Resistance Detected Rising.
Yazar: Ross Sutton

Yayınlanma: 18 Ekim 2021 13:38

Güncellenme: 6 Kasım 2024 06:46

Forex Signal For AUD/USD: Path of Least Resistance Detected Rising.

  Forex Signal For AUD/USD: Path of Least Resistance Detected Rising. The path to the lowest resistance for the pair is to the upside, with the next key resistance at 0,7500.  

Bull Market Outlook

 
  • Buy the AUD/USD pair and take a profit at 0,7550.
  • Add a stop-loss at 0,7350.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Path of Least Resistance Detected Rising.

 

Bear Market Outlook

 
  • Set a sell-stop at 0,7400 and a take profit at 0,7300.
  • Add a stop-loss at 0,7500.
  The AUD/USD pair held steady after last week's data dump from the US and an ongoing earnings season, with the pair rising to its highest level since September 7 as investors focus on the continued Australian economy reopening and rising commodity prices. It is trading at 0,7420, which is about 3,50% above the September low.   audusd-18102021  

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