Forex tips - AUD/USD 11/1/2018

in forextips •  7 years ago 

Hello guys,

Today I will make an analysis of AUD/USD pair.
On the picture below you can see it in four-hour time frame. We've had a very good uptrend. The price touched support level ( 50 MA in red) yesterday and goes up again. Before about 30 minutes the report of the jobless people become. Compare with the previous week they are rise with 11 100 people. This is not a good indicator of the economics of USA. So, I think that the strong uptrend will continue.
AUD_USD.jpg

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