AUD/USD: Trading Recommendations |

At the beginning of today’s European session,  is testing the important resistance level of 0.7750.

in Australia has been recovering very rapidly in recent months, as is overall economic activity, which has grown at its highest rate in 70 years.

A breakdown of this level will confirm the resumption of the upward trend in AUD/USD and direct it towards the important resistance level of 0.7850 with the prospect of growth to the resistance levels of 0.7980, 0.8160.

Support levels: 0.7675, 0.7651, 0.7570, 0.7510, 0.7435, 0.7290
Resistance levels: 0.7750, 0.7850, 0.7980, 0.8000, 0.8160

Trading Recommendations

Sell ​​Stop 0.7690. Stop-Loss 0.7765. Take-Profit 0.7675, 0.7651, 0.7570, 0.7510, 0.7435, 0.7290
Buy Stop 0.7765. Stop-Loss 0.7690. Take-Profit 0.7800, 0.7850, 0.7980, 0.8000, 0.8160

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
newsbinding Governmental News Finance News

Source link

Back to top button