Forex Signal For AUD/USD: Taking Profit Cannot Be Ignored.
Forex Signal For AUD/USD: Taking Profit Cannot Be Ignored.
The pair will likely continue to rise as the bull market targets the next key resistance level at 0,7250.
Bull Market Outlook
- Buy the AUD/USD pair and take a profit at 0,7280.
- Add a stop-loss at 0,7100.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Taking Profit Cannot Be Ignored.
Bear Market Outlook
- Set a sell-stop at 0,7170 and a take profit at 0,7100.
- Add a stop-loss at 0,7250.
AUD/USD price rallied to 0,7195, the highest since Jan. 21, as bullish momentum continues to support Australia's reopening plans.
It rose almost 2% from its February low.
You may also be interested in: