AUD/USD Analysis

Market news

5 January 2018

AUD/USD Analysis

AUD/USD has been following a strong bullish movement for couple weeks.

At this moment, there is no signs of a trend invert, however, if the price starts to correct its last bullish movement it can be interesting to follow closely.

Our suggestion is to wait for that correction in order to start a new bullish movement.

U.S NFP the main event of the day, 190K new jobs expected vs +228K in November. It’s the start of the year so the data could have a stronger impact

Euro area annual inflation is expected to be 1.4%

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