Forex Signal For AUD/USD: Selling Will Continue for Now.
Forex Signal For AUD/USD: Selling Will Continue for Now.
There is a possibility that the pair will continue to decline as the Bear Market targets the oversold level.
Bear Market Outlook
- Sell AUD/USD and set a take profit at 0,7050.
- Add a stop-loss at 0,7200.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Selling Will Continue for Now.
Bull Market Outlook
- Set a buy-stop at 0,7150 and a take profit at 0,7250.
- Add a stop-loss at 0,7050.
AUD/USD fell in the morning session on Monday as investors reflected the latest interest rate decisions from the Federal Reserve and the Reserve Bank of Australia (RBA), with the Omicron variant also affecting the pair, trading at 0,7125, just below last week's high of 0,7225.
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