Forex Signal For AUD/USD: Signals Indicating Retracement.
Forex Signal For AUD/USD: Signals Indicating Retracement.
With a shooting star outlook, the pair will likely continue to decline as long as sellers aim the next key support at 0,6800.
Bear Market Outlook
- Sell the AUD/USD pair and set a stop-loss at 0,6800
- Add a stop-loss at 0,7000.
- Timetable: 2 days.
Forex Signal For AUD/USD: Signals Indicating Retracement.
Bull Market View
- Set a stop buy at 0,6925 and a take profit at 0,7000.
- Add a stop-loss at 0.6850.
The AUD/USD price formed a shooting star pattern as the market prepares for major events in the United States and Australia. The Australian dollar is trading at 0,6925, slightly below last week's high of 0,6981.
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