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Derived real-time data in partnership with:
Thomson Reuters
May 16 - 02:36 AM
AUD/USD - Jobs Add Fuel To The Downtrend - Next Stop 0.6852
First appeared on eFXplus on May 16 - 12:15 AM
  • -0.2% after mixed, but a net jobs miss, as unemployment climbed nL4N22S0KM
  • RBA signaled that Jobs are pivotal at last week's rate decision nL3N22J17G
  • Eikon RBAWATCH OIS priced a June cut at 32.3% pre jobs, currently 44.5%
  • Momentum studies, 5, 10 & 21 daily, weekly, monthly MAs head lower
  • Bearish setup targets a 0.6852 test, 76.4% of the 2019 move higher
  • Close below would open the door to the 0.6715 flash crash low

aud 4 may 16 Click here

Source:
Thomson Reuters IFR Markets

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