Tickmill’s Investing Diva, AUDUSD Daily Outlook 09-07-20

<p>AUDUSD Daily Outlook 09-07-20 – On Wednesday we found out that the US homebuyer mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher than a year ago, Trump threatened to cut funding for schools, and slammed CDC reopening guidelines as too tough and expensive. Meanwhile, the Swiss unemployment rate fell from 3.4% in May 2020 to 3.2% in June.</p>
<p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the <a href="https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g">Tickmill YouTube channel</a> and support us by liking and sharing this video with your forex trading friends.</p>
<p>On Thursday we’ll be eying the Eurogroup meetings and the US weekly jobs report.</p>
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<p>Today I’m looking at the AUD/USD pair which is aiming once again to reach the key resistance level of 0.70 after failing to break above it over 5 times in the past year. So far, it looks like the bullish sentiment might already be dying down and the pair could go on to form a double top bearish reversal chart pattern.</p>
<p>Do you think the AUD/USD pair has enough bulls behind it to finally break above 0.70? Head over to the comments section and let me know.</p>
<p><strong>Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.</strong></p>
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<p>The post <a rel="nofollow" href="https://blog.tickmill.com/fund-analysis/tickmills-investing-diva-audusd-daily-outlook-09-07-20/">Tickmill’s Investing Diva, AUDUSD Daily Outlook 09-07-20</a> appeared first on <a rel="nofollow" href="https://blog.tickmill.com">Tickmill</a>.</p>