The shape of the candlestick is starting to look pretty negative, so I think if we break down below the Thursday candlestick, that opens up a move down to 0.57. Breaking the Wednesday candlestick is probably what really starts to accelerate things. Keep in mind, though, Friday is Juneteenth in the United States, so liquidity could be an issue. Certainly, looks like we’re favoring the dollar in the US, though.
AUD/USD Technical Analysis
Restaurants and bars added 48,000 jobs in May, contributing to a solid month of employment gains. Local government and healthcare were also hiring last month....
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