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Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data

Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data Signal For AUD/USD: Parity Looks More Positive

Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data
Yazar: Ross Sutton

Yayınlanma: 17 Mart 2022 13:00

Güncellenme: 7 Kasım 2024 09:26

Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data

    Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data  As the bulls target the next major resistance of 0,7400, the two will probably continue to increase.  

Bull Market View

 
  • Buy AUD/USD and profit for 0,7400
  • Add a stop-loss to 0,7250.
  • Timeline: 1-2 days.
 

Signal For AUD/USD: Parity Looks More Positive After Strong Australian Business Data

 

Bear Market Outlook

 
  • Stop sales and set 0,7250 and buyer-profit ratio to 0,7200.
  • Add a stop-loss to 0,7320.
  The AUD/USD price continues to be traded approximately 2% above this week’s lowest level on Thursday morning, reflecting strong business data by investors and the Federal Reserve decision at 0,7314 in Australia.   audusd_crispus_170322  

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