
Trader who called AUD/USD's 0.6600 resistance explains why Friday's jobs report changes everything
Key Points
- The Australian dollar is cautious at 0.6584 ahead of the US ...
The Australian dollar is doing that thing where it hovers around 0.6584 like a shopper outside an expensive store - wanting to go in but checking their wallet first. With the US jobs report dropping today, the Aussie is playing it safe, and honestly, who can blame it?
The Numbers Game Everyone's Watching
Here's what Wall Street expects: 110,000 new jobs (down from May's 139,000) and unemployment ticking up to 4.3%. Think of it as the economic equivalent of a restaurant getting fewer customers but still staying busy enough to keep the lights on. If the actual numbers come in weaker, the d...
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