AUD/USD trading between the ranges, wait for Breakout (or) Reversal?

AUD/USD Analysis :

AUD/USD trading between the ranges in a downtrend for a long time.

Yesterday, the “Australian Employment Change (Apr)” result came in Positive value of +37.4k.

All the AUD pairs becomes too stronger after the positive result of Australian Employment.

AUD/USD tried to breakout the top zone, but it still fails to breakout.

Let’s wait for the confirmation of Breakout (or) Reversal to make good profits on AUD/USD.

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Forexgdp Team.

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