Forex Signal For AUD/USD: The Break And Re-Test Signals Show Rebound
Forex Signal For AUD/USD: The Break And Re-Test Signals Show Rebound
The retest of 0,7440, higher than last week, is intolerable.
Bull Market View
- Buy the AUD/USD couple and make a profit of 0,7440.
- Add a stop-loss to 0,7250.
- Timeline: Two days.
Forex Signal For AUD/USD: The Break And Re-Test Signals Show Rebound
Bear Market View
- Stop selling 0,7290 and set profit to 0,7200.
- Add a stop-loss to 0,7360.
The AUD/USD couple is pulling out of an overnight session amid increased demand for the US dollar and other safe zones due to the crisis in Ukraine, which is being traded at 0,7335, the lowest level since Friday last week.
The price is about 1,40% lower than the highest level this week.
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