AUD/USD - Moves Lower After ABS Details Aus Unemployment Rate

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  • AUD/USD had a choppy reaction to the release of the Aus jobs data
  • It moved up to 0.6470 on the headline unemployment rate better than expected
  • ABS said without huge fall in the participation rate Unemp would be 9.6%
  • AUD/USD reversed lower to 0.6425 and is currently trading around 0..6430
  • The 21-day MA is at 0.6427 and has been decent support on dips
  • Key support at double-bottom between 0.6370/80

AUD/USD - Moves Lower After ABS Details Aus Unemployment Rate

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