Forex Signal For AUD/USD: Uptrend Supported by 25 EMAs
Forex Signal For AUD/USD: Uptrend Supported by 25 EMAs
As the Bull Market targets the psychological level of 0,7200, the pair will likely continue the bull trend.
Bull Market Look
- Buy pair AUD/USD and set profit at 0,7200.
- Add a stop-loss at 0,700.
- Timeline: 1 day.
Forex Signal For AUD/USD: Uptrend Supported by 25 EMAs
Bear Market View
- Stop selling to 0,7050 and take a profit to buy to 0,700.
- A stop-loss at 0,7100.
The AUD/USD couple are also watching the new Albanese policies and how they will affect the Australian economy, acting side by side as Wall Street investors begin to issue warnings about the Chinese economy.
It's being traded at 0,7082, which is just below this week's high of 0,7128.
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