AUD/USD Outlook: Weak Jobs Data Add To Negative Tone, Rising 20DMA Is Key Support
<p>The Australian dollar remains in red on Thursday as lower Asian stocks weighed, and weak Australia’s jobs data added to negative tone. Unemployment rate jumped to the highest in nearly two decades (7.1%) in May and employment fell for a further 227K after 594K slump in April, pointing to the economic damage caused by pandemic. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304351-aud-usd-outlook-weak-jobs-data-add-to-negative-tone-rising-20dma-is-key-support/">AUD/USD Outlook: Weak Jobs Data Add To Negative Tone, Rising 20DMA Is Key Support</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment