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AUD/USD

We have a candle shooting star
But we must break through the level of 0.9767 today
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AUD/ USD

There are two important levels: 0.7610 or 0.7560The start of the rally may be 0.7745 or 0.7840As shown in the chart
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Australian job vacancies jump

Reflation trade is back on investors' radar following the tax announcement in the US and due to an uptick in the Chinese PPI. Consequently, the USD is well bid while heading into the fourth quarter, which as per is a good period for the greenback. "The collection of partial indicators for Australia's labour market are showing a marked acceleration in the past few months. Today's job vacancy numbers rose by 6% q-o-q in Q3 taking the y-o-y rate to 15.4%, its fastest pace since 2002," notes Paul …
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AUD/USD

The markets are at the end of the correction or the start of a new direction EURUSD at a very important level for a bounce as well as AUD and NZD/USD
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Linking technical analysis to economic data about a currency AUD/USD

Linking technical analysis to economic data about a currency in a simplified way
US DATA
Last time on the NFP
  • Only 98K jobs were gained, around half the early expectations and half the average of around 200K
  • The report included a downwards revision, which added insult to injury.
  • Wages were up 0.2% m/m and 2.7%, as expected and in general healthy-looking
  • Other: the unemployment rate dropped to 4.5% but without a drop in the participation rate at 63%.
All in all, it was poor on jobs growth but disap…
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Exchange rate for AUD/USD

Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Patten
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Exchange rate for AUD/USD

Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Patten
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Entry levels

Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
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Better entry levels

entry of 0.7440
stop loss 0.7400
target 1 0.7560
good luck
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