Forex Signal For AUD/USD: Sell to Accelerate
Forex Signal For AUD/USD: Sell to Accelerate
The pair will likely continue to decline as the bears target the next key support at 0,7800.
Bear Market Outlook
- Sell-stop AUD/USD and take a profit of 0,7250.
- Add a stop-loss at 0,7400.
- Timetable: 1-2 days
Forex Signal For AUD/USD: Sell to Accelerate
Bull Market Outlook
- Set a buy-stop at 0,7350 and take a profit at 0,7450.
- Add a stop-loss at 0,7300.
The
AUD/USD pair fell as the number of COVID cases in Australia continued to rise and the US Senate came close to passing its high bill. The pair dropped to 0,7320, just below last Friday's high of 0,7425.
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