AUD - BULLISH
1️⃣ Fulltime Employment in Australia rose more than expected in July.
2️⃣ Greenback remained under pressure amid a lack of progress in US relief package negotiations.
USD - BEARISH
1️⃣ Lack of progress in negotiations on a new coronavirus relief package worried investors.
2️⃣ President Donald Trump accused congressional Democrats of not wanting to negotiate, while Republicans and Democrats exchanged accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.
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TECHNICAL
=====
- We are looking to buy AUDUSD on RBS level + SMA50 area.
- AUDUSD in bullish zone.
1️⃣ Fulltime Employment in Australia rose more than expected in July.
2️⃣ Greenback remained under pressure amid a lack of progress in US relief package negotiations.
USD - BEARISH
1️⃣ Lack of progress in negotiations on a new coronavirus relief package worried investors.
2️⃣ President Donald Trump accused congressional Democrats of not wanting to negotiate, while Republicans and Democrats exchanged accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.
=====
TECHNICAL
=====
- We are looking to buy AUDUSD on RBS level + SMA50 area.
- AUDUSD in bullish zone.
Trade closed: target reached