Forex Signal For AUD/USD: Relief Rally to Continue Ahead of RBA.
Forex Signal For AUD/USD: Relief Rally to Continue Ahead of RBA.
Bull Market Outlook
- Buy AUD/USD and take a profit at 0,7450.
- Add a stop-loss at 0,7280.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Relief Rally to Continue Ahead of RBA.
Bear Market Outlook
- Set a sell-stop at 0,7300 and a take profit at 0,7200.
- Add a stop-loss at 0,7400.
The AUD/USD pair is trading at 0,7330, slightly above last week's low of 0,7278, as tensions between Australia and China escalated on Monday morning, relatively unchanged. The pair is about 3% below the October high.
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