AUD 0.00% 1.5347 australian dollar

Looks like it was the right call going long with many traders...

  1. 1,827 Posts.
    Looks like it was the right call going long with many traders getting caught out after that US Labour data. Not many sellers so we could be in for a bounce especially if US interest rate rises are going to be pushed out and the RBA unlikely to drop rates this coming week. On the daily chart it seem the next resistant level will be around 76 cents if this bounce has legs.
 
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