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Australian Dollar / U.S. Dollar
Long

AUD/USD Update

By GoldCartel
Mod
Updated
The long-term target remains the same at the Downtrend line and it has the potential to go up to test the weekly "anchor" candle (Weekly major resistance).

Catalyst: AUD Jobs data and US Jobless claims
Note
Weekly Chart

snapshot
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AUD Employment Change 5.9K
AUD Jobless Rate 5.2%
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Retest the 38.20% Fib retracement, a good sign that the rally might continue

snapshot
AUDUSDgoldcartelSupply and DemandSupport and ResistanceTrend Analysis
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