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
