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

AUD/USD Signal - USD Redbook Index - 6 Apr 2021

You are here

Signal Details
Entry Price: 
0.7628
Take Profit: 
0.7700
Stop Loss: 
0.7588
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the upside today prior to the USD Redbook Index data which is a sales weighted growth measurement for retail stores in the USA. Technically the PPO has performed a bullish cross and price has broken above the significant 0.760 pivot level, and we anticipate continued upside.

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.