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

AUD/USD Signal - AUD Trade Balance Data - 4 Feb 2021

You are here

Signal Details
Entry Price: 
0.7635
Take Profit: 
0.7680
Stop Loss: 
0.7580
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the upside today prior to the AUD Trade Balance data. The data is the difference in the value of its imports and exports of Australian goods. Technically the pair is above the moving averages and the significant 0.7600 level, and we anticipate continued upside into 0.7680.

Try TradeProofer's FREE MT4 software today and find out how good your forex broker is!

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.