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AUD/USD Signal - USD 3 Month Bill Auction - 28 Jun 2021

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Signal Details
Entry Price: 
0.7577
Take Profit: 
0.7500
Stop Loss: 
0.7620
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUDUSD is trading to the downside today prior to the USD 3 month bill auction, which reveals the yield on the 3 month bill. Technically the pair has rebounded out of the upper bollinger band and the RSI has now turned bearish. We anticipate continued downside today.

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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.