Forex Signal For AUD/USD: Trend Unbreakable in Bear Market.
Forex Signal For AUD/USD: Trend Unbreakable in Bear Market.
The pair is likely to continue its downtrend as the bears attempt to break below 0,7200.
Bear Market Outlook
- Set a sell-stop at 0,7240.
- Set take profit at 0,7150 and add a stop-loss at 0,7300.
- Timetable: 1 day.
Forex Signal For AUD/USD: Trend Unbreakable in Bear Market.
Bull Market Outlook
- Set a buy-stop at 0,7288 and a take profit at 0,7350.
- Add a stop-loss at 0,7200.
AUD/USD price struggled in the overnight session after the recent lock down in New Zealand. The pair dropped to 0,7250, the lowest level since November 2020.
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