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AUD/USD Signal - USD Non Farm Payroll - 8 Jan 2021

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Signal Details
Entry Price: 
0.7753
Take Profit: 
0.7813
Stop Loss: 
0.7700
Direction: 
Buy
How we trade
Average: 5 (2 votes)

AUDUSD is trending to the upside prior to the NFP data release. Non Farm Payroll measures the new non-farm jobs in the United States, and is a strong economic indicator. Technically the pair is above the 0.7725 pivot, and we anticipate upside into the 0.7813 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.