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AUD/USD Signal - USD Continuing Jobless Data - 18 June 2020

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Signal Details
Entry Price: 
0.687
Take Profit: 
0.6795
Stop Loss: 
0.6891
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUD is showing signs of weakness against USD prior to USD Jobless data, currently trading around 0.687. Continuing Jobless data reflects the number of individuals who are receiving unemployment benefits. We anticipate further AUD weakness into the 0.6795 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.