The Forex Trading Session of AUD/USD traded within the range of 0.9323-0.9412 and closed at 0.9400. AUD/USD traded at 0.9416, count 0.11% for the day. The pair touched a daily high at 0.9432 at 8:40 GMT.
Fundamental view
The initial unwaged claims in the US probably fell to 314 000 in the week ended June 14th, from 317 000 a week ago, giving to the median estimate by experts. The statistical arm of the US Department of Labor wills announcement an official report. If unemployed claims fall more than predictable, this will provide support for the US dollar.
Technical view
According t AUD/USD achieves to breach the first resistance level at 0.9434, it will probably continue up to test 0.9467. In case the second key resistance is broken, the pair will probably attempt to advance to 0.9523.
If AUD/USD manages to breach the first key support at 0.9345, it will perhaps continue to slide and test 0.9289. With this second key support broken, the movement to the downside will probably continue to 0.9256.
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