Tickmill’s Investing Diva, AUDUSD Daily Outlook 14-07-20

<p>AUDUSD Daily Outlook 14-07-20 – On Monday the US stock market started out with a bang but the rally lost steam after California announced they’re rolling back their reopening plans, spurring worries about another coronavirus lockdown. Meanwhile, two experimental coronavirus vaccines jointly developed by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer have received ‘fast track’ designation from the U.S. drug regulator.</p>
<p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the <a href="https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g">Tickmill YouTube channel</a> and support us by liking and sharing this video with your forex trading friends.</p>
<p>On Tuesday we’ll be looking at the German inflation rate, the UK GDP, Euro area’s ZEW economic survey, the US inflation rate, and BoJ’s interest rate decision so it’ll be a very busy day.</p>
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<p>Today I’m looking at the AUD/USD pair which is playing along with my observation last week on forming a double top bearish reversal chart pattern.</p>
<p>If the bearish sentiment continues, we could see losses towards 0.6734 in the medium term. Are you team bull or team bear on the pair?</p>
<p>Head over to the comments section and let me know.</p>
<p><strong>Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.</strong></p>
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<p>The post <a rel="nofollow" href="https://blog.tickmill.com/fund-analysis/tickmills-investing-diva-audusd-daily-outlook-14-07-20/">Tickmill’s Investing Diva, AUDUSD Daily Outlook 14-07-20</a> appeared first on <a rel="nofollow" href="https://blog.tickmill.com">Tickmill</a>.</p>