Wednesday, August 16, 2017

The Australian dollar pairs suggest negative employment news failing to penetrate the important resistance levels

despite the great rise of the Australian dollar against various currencies but they all failed to overcome significant resistance levels, suggesting negative employment news news .
The Australian dollar index hit a trend  based on a top on July 27 at the level of 1.5677 and top on Aug. 1 at the level of 1.5655 and hit the daily Candle at the level of 1.5556 and closed at 1.5542 level  recorded 14 points return.
Australian pair closed at the lowest level of 0.7922 simple daily moving average of $0.7926.

the daily falling Limousine candle of eur aud could not  break the line of marabuzo line of latest rising  limousine daily candle  of June 27 , where the candle closed at the level 1.48448 , while اmarabuzo line, which represents 50% of the body of the candle at1.48425 level, could not price closed below it.
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Finally, the Australian pair yen which hit the daily  kjun level of ichimoko kinko haiou .


Thus, the failure of the four pairs of Australian dollar exceeded the mentioned resistance levels suggest negative employment news.


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