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Wednesday, February 15, 2023

Technical: AUD/USD eyes monthly low ahead of Australia jobs report

Forex Factory
 
 
Alert Alert Feb 16, 2023, 3:00am
 
Technical: AUD/USD eyes monthly low ahead of Australia jobs report
AUD/USD trades to a fresh weekly low (0.6875) following the stronger-than-expected US Retail Sales report, but the update to Australia's Employment report may curb the recent weakness in the exchange rate as the release is anticipated to show rebound in job growth. AUD/USD tests the 50-Day SMA (0.6883) for the second time this month as it gives back the ...
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