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AUD/USD Signal - USD Continuing Jobless Data - 23 Jul

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Signal Details
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How we trade
Average: 5 (1 vote)

AUDUSD is trading to the downside in a corrective move, after an aggressive bull run. Currently trading around 0.7138, we anticipate downside prior to USD continuing jobless data. Jobless data measures the number of individuals who are unemployed and are currently receiving unemployment benefits. We anticipate further downside into the 0.7110 level today.

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.