Australian Dollar / U.S. Dollar

Long

Updated

AUD/USD Update

The long-term target remains the same at the Downtrend line and it has the potential to go up to test the weekly "anchor" candle (Weekly major resistance).

Catalyst: AUD Jobs data and US Jobless claims

Note

Weekly Chart

snapshot

Trade active

AUD Employment Change 5.9K
AUD Jobless Rate 5.2%

Trade active

Retest the 38.20% Fib retracement, a good sign that the rally might continue

snapshot

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.