Forex Signal For AUD/USD: Possible Rise To 0,7200 Expected
Forex Signal For AUD/USD: Possible Rise To 0,7200 Expected
There is a possibility that the pair will continue to rise as the bulls target the key resistance level at 0,7200.
Bull Market Look
- Buy AUD/USD and set profit at 0,7200.
- Add a stop-loss at 0,6945.
- Timeline: 1-2 days.
Forex Signal For AUD/USD: Possible Rise To 0,7200 Expected
Bear Market View
- Stop selling at 0,6950 and set profit at 0,6850.
- Add a stop-loss at 0,7100.
The US dollar weakened and the AUD/USD pair tilted upwards to face 0,7042, the highest level since May 9 this year.
The country is up more than 2,50% from the lowest level this month.
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