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AUD/USD downtrend

Australian Labour Market Report for September
The headline is Employment Change:
  • expected 15.0K, prior 54.2K
Unemployment Rate:
  • expected 5.6%, prior 5.6%
Full Time Employment Change:
  • prior was +40.1K
Part Time Employment Change:
  • prior was +14.1K
Participation Rate:
  • expected is 65.2%, prior was 65.3%
I think data will suprise market, and there will be - down trend resumption in the works
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Antipodean Currencies Fall After China Services PMI Slips To 6-month Low

Antipodean currencies such - the Australian, the New Zealand dollars weakened against their major counterparts in the Asian session on Thursday, after data showed that the services sector in China continued to expand in March, although at a slower pace in 6-months.
If the aussie extends its downtrend, it is likely to find support around 1.43 against the euro and 82.00 against the yen.
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AUD/USD Still Failing

AUD/USD is pulling back from the top of its range. Every poke above .7700 has failed. I wrote recently that “the October and December 2015 highs at .7380 is of interest as long as price is under the February high.” I’d continue to be aware of .7380s given the manner in which Aussie has turned over.
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