AUD/USD coming up on trendline resistance
Technically Speaking
As noted on the chart, the pair is approaching a trendline that has held on two other occasions.
Aggressive shorts could look to sell now, with a stop above that line or above the 9/29 high of 7710.
Warning-Aussie employment data comes out tomorrow the 19th at 7:30 p.m. CST. Major economic news like that can move the market sharply if the number is outside expectations one way or the other.
My morning quote
"Anyone who has a shy to live can bear almost any what"
Nietzsche
As noted on the chart, the pair is approaching a trendline that has held on two other occasions.
Aggressive shorts could look to sell now, with a stop above that line or above the 9/29 high of 7710.
Warning-Aussie employment data comes out tomorrow the 19th at 7:30 p.m. CST. Major economic news like that can move the market sharply if the number is outside expectations one way or the other.
My morning quote
"Anyone who has a shy to live can bear almost any what"
Nietzsche
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.