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AUD/USD Signal - USD Continuing Jobless Claims - 8 Oct 2020

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Signal Details
Entry Price: 
0.7142
Take Profit: 
0.7170
Stop Loss: 
0.7095
Direction: 
Buy
How we trade
Average: 5 (2 votes)

AUD/USD is trending to the upside today prior to USD Continuing Jobless Claims data. Continuing Jobless Claims data measures the number of individuals who are unemployed and are currently receiving unemployment benefits. We anticipate continued upside on AUDUSD into the 0.7170 level today.

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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.