After NFP data release. We see that once again the US has provided traders with sentiment to keep bears on track against the greenback.
Initial Entry during NFP saw us enter the swing towards downside target profit of 0.69295.
Re-entry towards the downside from 0.69700 zone has proven that were gaining momentum on AUDUSD towards our swing target of 0.68500
JOLTS numbers proved itself on AUDUSD as a slight upside trickled its way into weakness as selling pressure seems too strong for the Aussie Dollar as the previous bullish momentum has officially died off just above 0.70000 psychological level as price failed to sustain itself above this level for a decent upside comeback.
Initial Entry during NFP saw us enter the swing towards downside target profit of 0.69295.
Re-entry towards the downside from 0.69700 zone has proven that were gaining momentum on AUDUSD towards our swing target of 0.68500
JOLTS numbers proved itself on AUDUSD as a slight upside trickled its way into weakness as selling pressure seems too strong for the Aussie Dollar as the previous bullish momentum has officially died off just above 0.70000 psychological level as price failed to sustain itself above this level for a decent upside comeback.