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AUD/USD Signal - AUD Commonwealth Bank Services PMI - 23 Jun 2020

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Signal Details
Entry Price: 
0.6923
Take Profit: 
0.6980
Stop Loss: 
0.6895
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUD/USD is trading around 0.692 today after AUD Commonwealth bank services PMI. This data release gives an insight into the services economy in Australia. The data came out positive, being 2.62 standard deviations above the consensus data, and we anticipate continued AUD strength against the USD today, into the 0.6980 level.

Submitted by Toni H. on Tue, 23 Jun 2020 00:40:15 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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