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Technical Analysis AUDUSD : 2015-11-16

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Strong labour market data The Australian dollar is edging up due to the strong labour market data for October released on November 12. On Friday the probability, that the Bank of Australia will cut the rate from the current 2%, fell to 30% from 50% at the beginning of the week. Will the Aussie continue its way up? In October the Australian payroll increased by 58.6 thousand which is much more than the expected 15 thousand. The unemployment fell from 6.2% to the 5-month low of 5.9%. Now the

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