<p>Last Friday's US's non farm payrolls was released, and the data was far more better than expected, which caused a dramatic increase in US index. However, bowell's dovish remarks put extra pressure on the price of US dollars. And meanwhile, Chinese manufacture PMI was beter than expected, which provide the solid support for AUD. &nbsp;Thus, AUDUSD open the gate for further increase. Now, the main pressure point is 0.715, which was the highest level since 20th of December. If the price can go higher than 0.715, we can expect another increase. However, if the resistence is still valid, we can sell AUDUSD at the high level and set the stop loss at 0.707.</p>

AUDUSD

Dec 01 2020

1