AUD is one of the weakest currencies today, with the JPY being the strongest. This makes the pair ideal to sell today.
As we speak the 4HR 200MA is being broken confirming the downtrend... 100MA is sloped and heading downwards.. These are all good signs of a bearish trend!
Execute a trade here and target either the 50% retracement or the daily 100MA (blue line)
* * fundamentals * *
AUD - Employment change and un-employment rate released on THURSDAY
As we speak the 4HR 200MA is being broken confirming the downtrend... 100MA is sloped and heading downwards.. These are all good signs of a bearish trend!
Execute a trade here and target either the 50% retracement or the daily 100MA (blue line)
* * fundamentals * *
AUD - Employment change and un-employment rate released on THURSDAY