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Australian Employment Change Rose: 13.5k, Est: 10.0k with Participation Rate: 66.1%, Est: 66.0%

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0730 JamiePick

0730 JamiePick

2010-07-30 15:12:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

I’ve expect a top to form if one is not already in place. Additional strength could test 9140, which is the 100% extension of the 8062-8864 rally…but respect the possibility that a top is in place at 9075 for the AUDUSD. A short term support line is being put to the test now and a break below would be bearish.

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