Aussie Dollar Plunges amid US Jobless Claims News

in #aussie • 7 years ago

The Australian Dollar (AUD) inched lower against the US Dollar (USD) on Friday, decreasing the price of AUDUSD to less than 0.7550 following some key economic releases. The technical bias shall remain bearish because of a lower low in the ongoing downside move.
AUD/USD Technical Analysis

As of this writing, the pair is being traded around 0.7514. A support can be noted around 0.7500, an immediate horizontal support ahead of 0.7450 the psychological number and then 0.7367, another key horizontal support as demonstrated in the given below chart.

Read more: https://blog.fxopen.com/aussie-dollar-plunges-amid-us-jobless-claims-news/

7 years ago in #aussie by
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