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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