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Barchart
Barchart
Jim Wyckoff

A Strong U.S. Jobs Report Means You Should Sell the Aussie Dollar Here

United States Jobs Report Australian Dollar

September Australian dollar (A6U26) futures present a selling opportunity on more price weakness.

See on the daily bar chart for the September Australian dollar futures that prices are trending lower and have just hit a seven-week low. The bears have momentum on their side and have the near-term technical advantage.

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