Trade_Setup

AUDUSD employment data out may trigger volatility

FX:AUDUSD   Australian Dollar / U.S. Dollar
The AUDUSD trade action is set to heat up as employment data is due out at 11:30am AEDT. If the numbers come out stronger than expected, buyers will dive into the action to lift price and squeeze out recent shorts. If numbers are weaker then expect further pressure lower from sellers. Either way expect some chop both up and down as the big boys reset the market.

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