AUD/USD Suffers Losses After Disappointing Labor Data
FxGrow | May 19, 2016 05:56AM ET
The Australian dollar dropped against its counterparts after a weak Australian employment report.
Breaking the support point 0.7180 creates a lower leg toward near-term support levels 0.7150 and 0.7110.
Alternatively, the AUD/USD needs to trade higher and close above 0.7255 in order to trigger an upward move toward 0.7285 and 0.7315.
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