AUDUSD Boomed over the trend line and has broken through the major resistance level holding the price from last 9 days. US inflation data and jobless claims news is going to hit the market very soon. As we trade on daily time frame we will wait until the 10 minutes before the daily candle closed moments. When the price retrace back to the price range from 0.75664 to 75500, I’ll look for the long position. Rest is hope the best.
Comment:
keep an eye on NFP report......and keep patience...i havent placed any position yet
USD Initial Jobless Claims (May 25)
221K228K 234K
USD Continuing Jobless Claims (May 18)
1.726M1.749M 1.742M
USD Personal Income (MoM) (Apr)
0.3%0.3% 0.2%
USD Personal Consumption Expenditures - Price Index (YoY) (Apr)
2%2% 2%
USD Core Personal Consumption Expenditure - Price Index (MoM) (Apr)
0.2%0.1% 0.2%
USD Personal Consumption Expenditures - Price Index (MoM) (Apr)
0.2%0.2% 0.0%
USD Core Personal Consumption Expenditure - Price Index (YoY) (Apr)
1.8%1.8% 1.8% REVISED FROM 1.9%
USD Personal Spending (Apr)
0.6%0.4% 0.5%