Buy on a level breakthrough of 0.7663 with 0.7721 target. Stop loss = 0.7613.
Reason for the trading strategy
Despite the strengthening of the dollar, the exchange rate of the Aussie is holding on well, as the labor market statistics in Australia provide support for it. In March, the employment rate in Australia increased by 26.1 thousand and the unemployment rate fell from 5.8% to 5.7%.
Reason for the trading strategy
Despite the strengthening of the dollar, the exchange rate of the Aussie is holding on well, as the labor market statistics in Australia provide support for it. In March, the employment rate in Australia increased by 26.1 thousand and the unemployment rate fell from 5.8% to 5.7%.
The labor market statistics for Australia have supported the Aussie
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