Aussie takes a bullish turn - Employment report in play Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 16, 2018 4:08 AM

Technically, the AUD/USD is heading north to complete 38.2% Fibonacci retracement near $0.7295. Below this (0.7295), the pair can stay bearish, while a bullish violation of this level can lead Aussie towards $0.7320.