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Forex Signal For AUD/USD: Path of Least Resistance to Downside.

Forex Signal For AUD/USD: Path of Least Resistance to Downside. Forex Signal For AUD/USD: Path of Least Resistance to Downside.

Forex Signal For AUD/USD: Path of Least Resistance to Downside.
Yazar: Ross Sutton

Yayınlanma: 11 Kasım 2021 12:47

Güncellenme: 12 Kasım 2024 12:59

Forex Signal For AUD/USD: Path of Least Resistance to Downside.

  Forex Signal For AUD/USD: Path of Least Resistance to Downside. The pair will likely continue to decline as the bears target the key support at 0,7200.  

Bear Market Sign

 
  • Sell ​​AUD/USD and take a profit at 0,7200.
  • Add a stop-loss at 0,7400.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Path of Least Resistance to Downside.

 

Bull Market Sign

 
  • Set a buy-stop at 0,7340 and a take profit at 0,7450.
  • Add a stop-loss at 0,7250.
  The AUD/USD pair slumped for three straight days as investors reflected fast-paced US inflation and relatively weak Australian employment numbers. It is trading at 0,7312, which is about 3,2% below the October high.   audusd-crispus-11112021  

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