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    AUDUSD: growth after the publication of data in Australia's labor market

    Buy on a level breakthrough of 0.7490 with 0.7595 target. Stop loss = 0.7440.

    Reason for the trading strategy

    In June, the employment rate in Australia grew by 7.3 thousand with the forecast unchanged, while the unemployment rate rose from 5.9% to 6%, turning out lower that the predicted 6.1%. An improvement in the labor market will support the growth rate of the Australian economy.

    AUDUSD, H4


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