Australian Dollar stays above a psychological level, focus on US Nonfarm Payrolls data
The Australian Dollar (AUD) continues to move on its losing streak for the sixth successive session on Friday.
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The Australian Dollar (AUD) continues to move on its losing streak for the sixth successive session on Friday.
The AUD/USD pair has witnessed a steep fall as investors have rushed towards safe-haven assets to safeguard themselves against escalating volatility ahead of the United States Nonfarm Payrolls (NFP) data, which will be published at 13:30 GMT.
The selling pressure remained unabated around the Aussie dollar for yet another session on Thursday, this time prompting AUD/USD to put the 0.6700 support to the test.
The AUD/USD is almost flat during the North American session, after mixed economic data from the United States (US) keeps the Greenback seesawing between gains and losses.
In this forex trading video we cover how you could trade the forex structure, retracement on Daily , 4 Hourly , 1 Hourly and 15 minute charts using the recent AUD/USD market structure .