Forex Signal For AUD/USD: Possibly Rises to 0,6700 Ahead of US Dump
Forex Signal For AUD/USD: Possibly Rises to 0,6700 Ahead of US Dump
The pair will likely continue to rise ahead of the FOMC minutes.
Bull Market Outlook
- Buy the AUD/USD pair and take profit at 0,6725.
- Add a stop-loss at 0,6585. Timetable: 1-2 days.
Forex Signal For AUD/USD: Possibly Rises to 0,6700 Ahead of US Dump
Bear Market Outlook
- Sell AUD/USD and take profit at 0,6570.
- Add a stop-loss at 0,6700.
The AUD/USD price was little changed on Wednesday as investors await the upcoming US economic data and FOMC minutes, while the pair was trading at 0,6636, just above this week's low of 0,6587.
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