AUD/USD - Moves Lower After ABS Details Aus Unemployment Rate... dari PhoenixMan

15 May 2020, 15:14 · Views 621

AUD/USD had a choppy reaction to the release of the Aus jobs data
It moved up to 0.6470 on the headline unemployment rate better than expected
ABS said without huge fall in the participation rate Unemp would be 9.6%
AUD/USD reversed lower to 0.6425 and is currently trading around 0..6430
The 21-day MA is at 0.6427 and has been decent support on dips
Key support at double-bottom between 0.6370/80

AUD/USD - Moves Lower After ABS Details Aus Unemployment Rate

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For EUR/USD pair, we're staying back as the market's are irrationally in anticipation of U.S. elections next week. For those wanting to speculate in this market, consider these valid trade setups, but it's riskier than usual, just my own personal opinion. I personally won't be taking them on my account, but just wanted to share nevertheless.

PhoenixMan

U.S. presidential elections are coming very soon. I do not recommend trading today and tomorrow. And it is better to close the actual trades related to the dollar! ✌️

PhoenixMan

Hi guys, here is my analysis for the NZD/USD pair. Recently, the price reached the support line and bounced off it. Now it has begun to grow. And I expect the price to rise towards the resistance line. For now is a good time to enter the market and long the position. This is my own idea, trade on your own risk ya. Happy trading!😄

PhoenixMan