Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the resistance zone of 0.69800.
The Australian jobs report released earlier today indicated an overall increase in the number of jobs added while unemployment rate increased in June.
Currently, AUD/USD is testing the support zone of 0.69800 and the next resistance zone is at 0.71800.
Look for short-term selling opportunities of AUD/USD if it breaks the support zone of 0.69800.
The Australian jobs report released earlier today indicated an overall increase in the number of jobs added while unemployment rate increased in June.
- Employment Change (Actual: 210.8K, Forecast: 106.0K, Previous: -264.1K revised from -227.7K)
- Unemployment Rate (Actual: 7.4%, Forecast: 7.2%, Previous: 7.1%)
Currently, AUD/USD is testing the support zone of 0.69800 and the next resistance zone is at 0.71800.
Look for short-term selling opportunities of AUD/USD if it breaks the support zone of 0.69800.