Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

Resources

Australian Dollar Nears Make-or-Break Levels; Watch Key Data Tonight

By , Quantitative Strategist
09 April 2014 16:00 GMT

- Turning point near as AUDUSD tests technical resistance ahead of key Aussie employment data

- Currency pair currently outpacing key fundamental driver in yield spreads

- Extremely one-sided forex crowd positions underline reversal risk

View more: Aussie setups ahead of the Australian Employment Report and US FOMC Minutes

Follow any updates on the Australian Dollar and other currencies via this author’s e-mail distribution list.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.

Contact and follow David via Twitter: https://twitter.com/DRodriguezFX

09 April 2014 16:00 GMT