Forex Signal For AUD/USD: While The Powerful Rally Stops but The Raise Train Still Stands Firm.
Forex Signal For AUD/USD: While The Powerful Rally Stops but The Raise Train Still Stands Firm.
The parity will likely continue to take off ahead of Tuesday's RBA meeting next week.
Bull Market Outlook
- Buy AUD/USD and get 0,7600 base points.
- Add a stop-loss to 0,7400.
- Timeline: One or two days.
Forex Signal For AUD/USD: While The Powerful Rally Stops but The Raise Train Still Stands Firm.
Bear Market Outlook
- Set sales stop At 0,7450 and profit to 0,7350.
- Add a stop-loss to 0,7550.
The AUD/USD has outstripped powerful Australian retail figures and budgets, and has remained at its highest level since November of last year, when it was 0,7500 in the last few days.
The price is about 7,7% higher than this year's lowest.
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