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Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves

Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves

Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves
Yazar: Ross Sutton

Yayınlanma: 30 Ağustos 2022 18:29

Güncellenme: 7 Kasım 2024 07:10

Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves

    Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves   The pair will likely continue to decline as long as the sellers target the second support of the standard pivot point at 0,6765.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6800.
  • Add a stop-loss at 0,700.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: Showing Head and Shoulder Pattern Curves

 

Bull Market View

 
  • Set a buy stop at 0,6930 and a take profit at 0,7000.
  • Add a stop-loss at 0,6850.
The AUD/USD currency pair rebounded in the nighttime session, hitting a weekly low of 0,6840 to 0,6923, as investors reflected on rebounding commodity prices and strong Australian retail sales data.   audusd_crispus_300822

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