AUDUSD ANALYSIS ON H4 CHART.
Updated
Overall, AUD/USD is ranging across.
The Australian employment data released yesterday indicated a slowdown in jobs creation and unemployment rate continued to decline in December.
Employment Change (Actual: 64.8K, Forecast: 60.0K, Previous: 366.1K)
Unemployment Rate (Actual: 4.2%, Forecast: 4.5%, Previous: 4.6%)
The Australian flash PMI data will be released next Monday at 0600 (GMT+8).
Flash Manufacturing PMI (Forecast: NA, Previous: 57.7 revised from 57.4)
Flash Services PMI (Forecast: NA, Previous: 55.1)
Currently, AUD/USD is testing to break below the key level of 0.72. Its next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD if it breaks below the key level of 0.72.
The Australian employment data released yesterday indicated a slowdown in jobs creation and unemployment rate continued to decline in December.
Employment Change (Actual: 64.8K, Forecast: 60.0K, Previous: 366.1K)
Unemployment Rate (Actual: 4.2%, Forecast: 4.5%, Previous: 4.6%)
The Australian flash PMI data will be released next Monday at 0600 (GMT+8).
Flash Manufacturing PMI (Forecast: NA, Previous: 57.7 revised from 57.4)
Flash Services PMI (Forecast: NA, Previous: 55.1)
Currently, AUD/USD is testing to break below the key level of 0.72. Its next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD if it breaks below the key level of 0.72.
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