AUD/USD Mid-Term Bearish Outlook and Trade Update
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AUD/USD is experiencing a bearish move as of mid-term analysis on 06-09-2024. The current price is 0.67400. If the price stays below 0.67600, the next target is 0.66750 and potentially 0.66000. However, if the price moves above 0.67600, it could target 0.68500. Due to worsening geopolitical situations, traders are advised to wait before making decisions. The ongoing sell position is currently running at +60 pips in profit. As always, never risk more than 1% of your principal on any trade.
