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AUD/USD Signal - ADP Employment Change - 3 June 2021

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Signal Details
Entry Price: 
0.77453
Take Profit: 
0.7815
Stop Loss: 
0.7695
Direction: 
Buy
How we trade
Average: 5 (2 votes)

AUDUSD has bounced from support prior to the USD ADP Employment change data, which shows the number of people employed in the US. The data acts as a great early insight into NFP. Technically the pair has bounced from the 0.7717 level, and we anticipate upside into the 0.78150 level.

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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.