The AUD/USD pair is battling with the 0.6700 figure and not far from over a one-decade low of 1.0661 heading into the release of Australian employment data. Valeria Bednarik from FXStreet with the preview. Key quotes “The country is expected to have added 10,000 new jobs in January, after adding 28,900 in the previous month.” “The unemployment rate is seen ticking to 5.2% from 5.1% while the participation rate is seen steady at 66%.” “A better market mood ahead of the release is helping AUD/USD to stay afloat, although unable to run beyond the 0.6700 level. A critical support level comes at 0.6661.” “Large stops should be gathered below 0.6660, and once triggered, may spur a bearish run toward the 0.6600 level.” “Upbeat numbers could trigger some profit-taking, leading to a bullish correction. However, it seems unlikely that the pair could sustain gains beyond the 0.6740 price zone.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next EUR/JPY New York Price Forecast: Euro bounces from 2020 lows, challenges 119.50 level FX Street 2 years The AUD/USD pair is battling with the 0.6700 figure and not far from over a one-decade low of 1.0661 heading into the release of Australian employment data. Valeria Bednarik from FXStreet with the preview. Key quotes “The country is expected to have added 10,000 new jobs in January, after adding 28,900 in the previous month.” “The unemployment rate is seen ticking to 5.2% from 5.1% while the participation rate is seen steady at 66%.” “A better market mood ahead of the release is helping AUD/USD to stay afloat, although unable to run beyond the 0.6700 level. A critical support level… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
