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AUD/USD Signal - USD Durable Goods Orders - 24 Mar 2021

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Signal Details
Entry Price: 
0.7598
Take Profit: 
0.7655
Stop Loss: 
0.7560
Direction: 
Buy
How we trade
Average: 3 (2 votes)

AUDUSD has run into the key 0.760 level today prior to the USD Durable goods orders data, which measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. Technically the pair is finding intraday support at the 0.760 level and we anticipate a retracement into the 0.76550 level.

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Submitted by Toni H. on Wed, 24 Mar 2021 05:11:14 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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