Australian Dollar Nears Make-or-Break Levels; Watch Key Data Tonight
- 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
--- 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
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.