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AUD/USD Signal - AUD ANZ Job Advertisements - 7 Jun 2021

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Signal Details
Entry Price: 
0.7742
Take Profit: 
0.7670
Stop Loss: 
0.7780
Direction: 
Sell
How we trade
Average: 5 (2 votes)

AUDUSD has rallied into resistance following NFP last week. Later today the ANZ job advertisements data will be released. This is a key indicator for job growth, and indicates the economic health. Technically the pair is at structure resistance and trendline resistance, and we anticipate downside into the 0.7670 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.