Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced off the support zone of 0.71000.
The Australian employment data released earlier today indicated that lesser jobs were added in July and that unemployment rate rose slightly.
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.72200.
With the poor Australian employment data, look for short-term selling opportunities of AUD/USD.
The Australian employment data released earlier today indicated that lesser jobs were added in July and that unemployment rate rose slightly.
- Employment Change (Actual: 114.7K, Forecast: 30.0K, Previous: 228.4K revised from 210.8K)
- Unemployment Rate (Actual: 7.5%, Forecast: 7.8%, Previous: 7.4%)
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.72200.
With the poor Australian employment data, look for short-term selling opportunities of AUD/USD.
Free trading community: discord.gg/b7X35tDD4T