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Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.

Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding. Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.

Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.
Yazar: Ross Sutton

Yayınlanma: 7 Eylül 2022 17:50

Güncellenme: 19 Kasım 2024 18:36

Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.

    Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.   The AUD/USD pair continued to decline on Wednesday following the latest Australian GDP data.  

Bear Market Outlook

 
  • Sell ​​the AUD/USD pair and take a profit at 0,6600.
  • Add a stop-loss at 0,6850.
  • Timetable: 1-2 days.
 

Forex Signal For AUD/USD: The Falling Trend's Workspace Is Expanding.

 

Bull Market Outlook

 
  • Set a buy stop at 0,6770 and a take profit at 0,6900.
  • Add a stop-loss at 0,6650.
  While the US dollar continued to strengthen, the AUD/USD continued its downward trend, while sales accelerated after the Reserve Bank of Australia (RBA)'s latest interest rate decision decided to increase interest rates. It dropped to 0,6730, the lowest level since July of this year.   audusd_07092022_cryspus  

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