Aussie Unemployment slated for Thursday.
Australia will be posting their Unemployment Rate and Employment Change figures on Thursday at 01:30 GMT, with a speech from RBA Governor Philip Lowe at 22:30 the same day. Aussie bulls will be looking for positive undertones in Australia's employment scene to begin pushing the RBA closer to rate increase territory, while disappointment in the numbers could send the Aussie retreating against the Kiwi once more.
Technicals
AUDNZD has crossed the 200D M.A with confirmation just need to broke the daily support at 1.0839X.
A return to a bullish trend will have to contend with horizontal support-turned-resistance coinciding with the 200-day SMA at 1.0840.
Set preferences to
Entry: 1.08144
Target 1: 1.08998 (+80 PIPS)
Target 2: 1.09992 (+180 PIPS)
Stop Loss: 1.07290 (-80)
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Source - General public Information!
Australia will be posting their Unemployment Rate and Employment Change figures on Thursday at 01:30 GMT, with a speech from RBA Governor Philip Lowe at 22:30 the same day. Aussie bulls will be looking for positive undertones in Australia's employment scene to begin pushing the RBA closer to rate increase territory, while disappointment in the numbers could send the Aussie retreating against the Kiwi once more.
Technicals
AUDNZD has crossed the 200D M.A with confirmation just need to broke the daily support at 1.0839X.
A return to a bullish trend will have to contend with horizontal support-turned-resistance coinciding with the 200-day SMA at 1.0840.
Set preferences to
Entry: 1.08144
Target 1: 1.08998 (+80 PIPS)
Target 2: 1.09992 (+180 PIPS)
Stop Loss: 1.07290 (-80)
have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Join our Telegram (link in BIO)
Source - General public Information!