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AUD/USD Signal - AUD New Home Sales - 12 Mar 2021

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Signal Details
Entry Price: 
0.7779
Take Profit: 
0.7855
Stop Loss: 
0.7725
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the upside today prior to the AUD New Home Sales, which presents the number of new home sales in Australia. Technically the pair is above the moving average ribbon and is at support & we anticipate upside to continue into the 0.7855 level.

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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.