Sorry, you need to enable JavaScript to visit this website.

AUD/USD Signal - USD Continuing Jobless Claims - 4 November 2021

You are here

Signal Details
Entry Price: 
0.7459
Take Profit: 
0.7340
Stop Loss: 
0.75080
Direction: 
Sell
How we trade
Average: 5 (1 vote)

AUDUSD is trending to the downside prior to the USD Continuing Jobless claims data. The data shows the number of people applying for unemployment benefits on an ongoing basis. Technically the pair has broken the bullish structure, has a bearish seasonal tendency in November, and is trading at structural resistance.

Live Broker Spreads

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.