VantageFX
Short

AUD/USD Breaking Support Before Employment Data

FX:AUDUSD   Australian Dollar/U.S. Dollar
29 0 0
Leading into the Australian employment data, we have to take a look at the AUD/USD             chart. Just keep in mind the big picture with our old friend the weekly trend line support is still in play.

But it’s the hourly that I wanted to focus on today, with price forming a short term bullish channel following the pair’s solid beat down that it has experienced all of January.

With price teetering on the brink at support, we’re set up nicely for the 11.30am Sydney time employment data release. Are you trading the AUD/USD             channel into the release or waiting for the dust to settle?
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out