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AUD/USD Signal- CFTC AUD Speculative Net Positions-29 July 2022

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Signal Details
Entry Price: 
0.69629
Take Profit: 
0.66891
Stop Loss: 
0.70219
Direction: 
Sell
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AUD/USD is trading to the downside today prior to the CFTC AUD speculative net positions. Technically on the hourly timeframe, there is a head and shoulder pattern forming which may result in price falling.We anticipate a bearish move down to level 0.66891

Submitted by John F. on Fri, 29 Jul 2022 14:56:58 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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