Forex Signal For AUD/USD: Upward Acceleration Possible to 0,7275.
Forex Signal For AUD/USD: Upward Acceleration Possible to 0,7275.
The pair will likely continue to rise as the bull market targets the 50% Fibonacci retracement level at 0,7270.
Bull Market Outlook
- Set a buy-stop at 0,7190 and a take profit at 0,7275.
- Add a stop-loss at 0,7130.
- Timetable: 1-2 days.
Forex Signal For AUD/USD: Upward Acceleration Possible to 0,7275.
Bear Market Outlook
- Set a sell-stop at 0,7130 and a take profit at 0,7050.
- Add a stop-loss at 0,7200.
The
AUD/USD pair is trading near a two-week high at 0.7173, roughly 2.60% above this month's low, as investors focus on upcoming US retail sales data and a Federal Reserve decision.
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