Aussie spikes higher after strong employment data...whats next?

2020-01-23 11:01:37

The AUDUSD spiked higher today on positive local employment data to catch sellers off guard. The number backed up the previous strong figure and may give the bulls some momentum to make a charge to the 0.6920 then 0.7000 levels. Price has some work to do to see if recent sellers can get squeezed out of the action. Watching the action play out for now and happy to be bias up and watch to see the reaction from buyers on a pullback.

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