AUD/USD trades near the 0.6270 region, failing to recover ground amid persistent USD strength.
A soft Australian labor market report and safe-haven demand for the US Dollar continue to weigh on the Aussie.
Technical indicators point to further downside as the pair remains below key moving averages.
The AUD/USD pair remained depressed during the American session below the 0.6300 barrier as a stronger US Dollar (USD) and disappointing employment data from Australia continued to weigh. Technical signals have turned increasingly bearish, as indicators deteriorate and price action breaks below important moving averages.
A soft Australian labor market report and safe-haven demand for the US Dollar continue to weigh on the Aussie.
Technical indicators point to further downside as the pair remains below key moving averages.
The AUD/USD pair remained depressed during the American session below the 0.6300 barrier as a stronger US Dollar (USD) and disappointing employment data from Australia continued to weigh. Technical signals have turned increasingly bearish, as indicators deteriorate and price action breaks below important moving averages.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.