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AUD/USD Signal - AU Building Permits - 03 May 2019

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How we trade
Average: 5 (5 votes)

The Aussie is trading close to 0.7000 level ahead of the NFP report. AUDUSD was pushed further down after the negative Building Permits numbers. The slowdown in the AU housing market will likely boost expectations for rate cut next week.

audusd signal 03 may 2019

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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.