Forex Signal For AUD/USD: Sell-Off to Gain Steam.
Forex Signal For AUD/USD: Sell-Off to Gain Steam.
The pair will likely continue to decline ahead of US inflation data.
Bear Market Outlook
- Sell AUD/USD and take a profit at 0,7300.
- Add a stop-loss at 0,7450.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Sell-Off to Gain Steam.
Bull Market Outlook
- Set a buy-stop at 0,7400 and a take profit at 0,7500.
- Add a stop-loss at 0,7300.
The
AUD/USD pair fell to 0,7360, about 1% below this week's high, falling to its lowest level since Oct. 13 ahead of the latest US inflation figures.
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