Formed two top shoulders and broke
The data of Australian employment will be released on 1.24. If the unemployment rate decrease below 5.1%, RAB will be optimistic to change monetary policy, which will support AUD in short terms.
However, AUDUSD formed two top shoulders and broke. Down trend is clear that it's likely to test 0.705 support soon.
However, AUDUSD formed two top shoulders and broke. Down trend is clear that it's likely to test 0.705 support soon.
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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.