Hi Traders, watching price levels on the AUDUSD daily and 4 hour charts.
AUD unemployment data releases at 11.30am today.
Price has declined back below the 0.6967-91 monthly support area.
Watching for price to rally and fail at this intraday resistance area for a further decline to test the 0.6874 daily support level
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#acysecurities I #audusdanalysis #audusd
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AUD unemployment data releases at 11.30am today.
Price has declined back below the 0.6967-91 monthly support area.
Watching for price to rally and fail at this intraday resistance area for a further decline to test the 0.6874 daily support level
Disclaimer: Trading involves risk.
Register for the free webinar series here: https://acy.com/en/education/webinars
If you would like to follow Duncan’s forex trading analysis throughout the week, why not subscribe to the ACY Securities Live Interactive Trading Feed - Telegram Channel?
Simply contact nathan.bray@acy.com to get access.
Catch up with the latest news and market analysis here https://acy.com/en/market-news
Get in touch today:
Web: https://www.acy.com
Twitter: https://twitter.com/ACY_Securities
Facebook: https://www.facebook.com/acy.securities/
#acysecurities I #audusdanalysis #audusd
ACY Securities Pty Ltd ('ACY AU') is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL authorised us to provide financial services to Australian Residents or Businesses. ACY Capital Australia Limited ('ACY LTD'), ACY LTD is incorporated in Vanuatu, company number 012868, and is regulated by the Vanuatu Financial Services Commission (VFSC). Registered address: Govant Building, 1276 Port-Vila, Vanuatu.
ACY AU and ACY LTD provide general advice that does not consider your objectives, financial situation, or needs. With Forex, CFDs, and over-the-counter products, you have a risk of losing more than your initial investment, and you must consider if these instruments are suitable for your circumstances.
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