OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD Price Analysis: Aussie sinks to lowest in a decade, post-NFP

  • AUD/USD bears are driving the market to its lowest point since March 2009.  
  • Bears are eying the 0.6600 figure on the way down.  

AUD/USD daily chart

The aussie is dropping to fresh multi-year lows following the release of the US Non-farm payrolls. The US added 225K kobs vs. 160K expected. The sellers are in control and want to precipitate the market down further towards the 0.6657, 0.6643 and 0.6600 levels, according to the Technical Confluences Indicator. Bullish attempts could find resistances near the 0.6684, 0.6719 and 0.6740 levels.
Resistance: 0.6684, 0.6719, 0.6740
Support: 0.6657, 0.6643, 0.6600

Additional key levels 



US Dollar Index remains bid near 98.60 on Payrolls

The US Dollar Index (DXY), which tracks the greenback vs. a basket of its main rivals, keeps the bid tone intact although it has practically ignored t
Read more Previous

Canada: Jobs doubling market consensus – TDS

Employment data in Canada showed great numbers but failed to cause an impact in the markets, as analysts at TD Securities notes. They think the USD/CA
Read more Next
Start livechat