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Forex Signal For AUD/USD: Rising Wedge Points for Retracement.

Forex Signal For AUD/USD: Rising Wedge Points for Retracement. Forex Signal For AUD/USD: Rising Wedge Points for Retracement.

Forex Signal For AUD/USD: Rising Wedge Points for Retracement.
Yazar: Ross Sutton

Yayınlanma: 13 Ekim 2021 11:15

Güncellenme: 15 Kasım 2024 21:57

Forex Signal For AUD/USD: Rising Wedge Points for Retracement.

  Forex Signal For AUD/USD: Rising Wedge Points for Retracement. As the squeeze approaches the convergence zone, the pair is likely to break lower.  

Bear Market View

 
  • Sell-stop at 0,7340 and take profit at 0,7250.
  • Add a stop-loss at 0,7400.
  • Timetable: 1-2 days.

Forex Signal For AUD/USD: Rising Wedge Points for Retracement.

Bull Market Outlook

 
  • Set a buy-stop at 0,7380 and a take profit at 0,7450.
  • Add a stop-loss of 0,7300.
  The AUD/USD price held steady as investors were pricing in a strong economic recovery for the Australian economy, with the pair rising to 0,7385, about 2,65% above the September low.   audusd-13102021  

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