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Australian Dollar / U.S. Dollar
Long

LONG on 30 Mins

By minyangshi9409
Updated
Although the employment data released today morning is outstanding, WESTPAC still forecasts RBA will cut the rate in this August and November. It makes Aussie dropped over 60 pips after the data. Aussie is still weak in G10 currencies. Aussie will continuously rise against most major crosses in short term, helped by continued buying in the Chinese yuan and firmer commodity prices like iron ore.

Prior Strategy:
Keep confidence on Aussie in short term
Note
The influence of WESTPAC's report is huge and creepy.
AUDUSDTechnical IndicatorsTrend Analysis
minyangshi9409

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