8:30pm (NY Time) AU Employment Changes Forecast -9.7 Previous -21.1K
ACTION: AUD/USD BUY +15K SELL -33K
“Measures the change in number of employed people during the previous month. A rising trend has a positive effect on the nation´s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a large portion of GDP.”
The trade was based on retracement trade and based on the market context we were able to make a little profit on this AUD Employeement changes.