Forex technical analysis: AUDUSD traders gear up for unemployment

Discussion in 'Technical Analysis' started by ForexLive, Jul 13, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Employment change expected at 10.0K The Australian unemployment report will be released in the new trading day (9:30 PM ET/0130 GMT) with expectations of 10.0 K change in employment jobs (was 17.9K last month) and a unemployment rate of 5.8% vs 5.7% last month. The full time jobs last month came in unchanged while part time jobs increased by the full 17.9 K). The Participation rate is expected to remain unchanged at 64.8%. The 3 month average for jobs has been 14.5K. While the 12 month average is 18.7K. The expected of 10K is slightly less than the recent trends.

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