Forex Signal For AUD/USD: Unbroken Bullish Trend After RBA
Forex Signal For AUD/USD: Unbroken Bullish Trend After RBA
The pair will likely remain in an uptrend in the near term.
Bull Market Outlook
- Buy AUD/USD and set a take profit at 0,7500.
- Add a stop-loss at 0,7350.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Unbroken Bullish Trend After RBA
Bear Market Outlook
- Set a sell-stop at 0,7415 and a take-profit at 0,7350.
- Add a stop-loss at 0,7500.
The AUD/USD price was little changed after the Reserve Bank of Australia (RBA)'s latest interest rate decision and relatively strong Chinese trade figures.
The pair continues to trade at 0,7440, which is in the range it has been in for the past few days.
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