ruzeyinvest
Short

double top formation audusd

FX:AUDUSD   Australischer Dollar/U.S. Dollar
37 0 9
broke strong support on 0.75 and have a double top formation
Kommentar: 4.Australian employment data: Thursday, 1:30. The Australian employment market contracted by 6400 jobs in February, pushing the unemployment rate to a 13-month high of 5.9%..The expectations for March’s unemployment rate are 5.9%.Which indicates that there isn’t a change.We are not sure in the predictions,but if they match the real data,open short positions but do not expect miracles and do not be greedy(20-40 pip movement).However if the rate is 6.0% and over ,we recommend opening shorts.If the rate is below 5,9% ,open long positions.
Kommentar: Double top formation in action audusd is fall
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