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AUD/USD Signal - USD Retail Sales -15 May 2020

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Signal Details
Entry Price: 
0.6455
Take Profit: 
0.6486
Stop Loss: 
0.6426
Direction: 
Buy
How we trade
Average: 4.8 (5 votes)

The AUD is trading around 0.6455 USD prior to USD retail sales data. Retail sales data offers insight into consumer spending habits, and gives an indication as to overall economic health. We anticipate further AUD strength against the USD into the 0.6486 level.

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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.