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AUD/USD Signal - USD Redbook Index - 26 Oct 2021

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Signal Details
Entry Price: 
0.7503
Take Profit: 
0.7630
Stop Loss: 
0.7440
Direction: 
Buy
How we trade
Average: 5 (2 votes)

AUDUSD is trending to the upside currently prior to the USD Redbook Index Data, which gives a sales weighted index of over 9,000+ stores. Technically the pair has broken the corrective pattern, is holding trendline support, and the RSI is bullish. We anticipate continued upside into the 0.76300 level.

Submitted by Toni H. on Tue, 26 Oct 2021 03:14:21 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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