Sorry, you need to enable JavaScript to visit this website.

AUD/USD Signal - AUD Westpac Consumer Confidence - 14 Apr 2021

You are here

Signal Details
Entry Price: 
0.7646
Take Profit: 
0.7585
Stop Loss: 
0.7700
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUDUSD has reached the resistance trendline following the Westpac Consumer Confidence data, which measures consumers confidence in the overall Australian economy.
Technically the pair is at the resistance trendline, and the PPO is at over extended levels. we anticipate downside into the 0.75850 level.

Trade like a pro with TradeProofer!

Live Broker Spreads

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.