By John Noonan — Aug 16 - 09:40 PM
AUD/USD fell from 0.6398 to 0.6365 after worse than expected Aus jobs nAZN18FHXR
Rise in unemployment to 3.7% in July from 3.5% in June will be noted by RBA
Softening labour market makes it less likely the RBA will hike again
AUD/USD technically vulnerable after clear break below 0.6400
There isn't any support of note until the Oct 2022 low at 0.6170
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary