DDimitrov76

Aussie can break short term negative trend

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
3
If NFP come shorter than expected market will narrow it's expectations about September rate hike.
USD will fall. Aussie could be use recent positive tone to break short term trend and 0.74 level and go to 0.75 (target 1) or 0.76 (target 2)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.