A look at the AUDUSD ahead of Aussie employment data

AUDUSD Analysis


AUDUSD Currency Pair

The Aussie is set to washout the 0.7810 zone to potentially clear the way for a higher move if employment data comes out stronger than expected. The data release is at 11:30am today and expectations are for a drop to 5.5% for the unemployment rate and 20.3K new jobs. If data comes out weaker, we expect to see a test back down to 0.7750.


Currency Pair : AUDUSD

Current Price : 0.7793

Status : On watch for spike ahead of news release