Week 11/30-12/4 on AUDUSD from 0.7300 to 0.7450
Heavy news week for AUDUSD. We have the 0.7300 is currently holding after a disappointing USD ISM Manufacturing number and a surprisingly better than expected AUD GDP number.
Now let's see how this week is going to play out.
For now, I'd say if Friday's release misses it mark, we would see a possible breakout above the 0.7450 mark.
Now let's see how this week is going to play out.
For now, I'd say if Friday's release misses it mark, we would see a possible breakout above the 0.7450 mark.
Comment:
USD ADP Non-Farm Employment Change came out to be better than expected. AU is pressed again around the 0.7300 level. More AUD and USD numbers are rolling out in the next 72 hours.