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AUD/NZD Signal - AUD Unemployment Change - 10 Nov 2021

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Signal Details
Entry Price: 
1.03458
Take Profit: 
1.0280
Stop Loss: 
1.0400
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUDNZD is trending to the downside currently in anticipation of the AUD unemployment change data, which will be released tomorrow. Technically the pair has made a pullback in a down trend and is staying in a bearish structure. The RSI points to continued downside, and we're targeting 1.0280.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.