- The Aussie surged on a thumping jobs report that saw Australia add over 50 thousand jobs, allowing Aussie bulls to make room for a potential move higher.
- Higher timeframes still show the AUD/USD constrained within a rough channel on the H4 candles, and failure to break to the upside will see a move back to the bottom in the coming weeks.
- 2018’s lows still remain nearby at the 0.73 critical handle.
|Resistance 1:||0.7440 (current day high)|
|Resistance 2:||0.7493 (R3 daily pivot)|
|Resistance 3:||0.7500 (major technical level)|
|Support 1:||0.7393 (current day low)|
|Support 2:||0.7380 (61.8% Fibo retracement level)|
|Support 3:||0.7342 (current week low)|