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Thomson Reuters
Feb 01 - 12:12 PM
AUD/USD - Awaits US Jobs Report For Pre-Weekend Direction
First appeared on eFXplus on Feb 01 - 06:10 AM
  • US jobs report at 1330GMT may set directional bias for AUD/USD into weekend
  • NFP f/c 165k: miss could prompt fresh test of the 200DMA, at 0.7291
  • AUD/USD rose to test the 200DMA Thursday, after dovish Fed Wednesday
  • Spot has been trading below the 200DMA since March 2018 nL1N1ZU08I
  • Retreat from Thursday's high based just shy of 0.7235 (Jan 11 high) in Asia
  • Next week's key Australian event is the RBA meeting Tuesday nL3N1ZW2QE

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Source:
Thomson Reuters IFR Markets

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