AUD/USD: Sell in 0.6740-0.6750 range

Yesterday's sharp drop in the January durable goods data announced by the US Department of Commerce has caused concerns about the US economy and triggered a decline in the US dollar index. Today, the US dollar index is expected to continue its slow upward trend, so it may be a good opportunity to buy at a low price. However, in relation to AUD/USD, it may be a good opportunity to sell at a high price. Based on the market situation, the following suggestions are given for reference:

Sell in the range of 0.6740-0.6750, with a stop loss of 20 points and a target of 0.6720, 0.6700, and 0.6680.

AUDUSD DXY AUDUSD

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Trade closed: target reached