– Turning point near as AUDUSD tests technical resistance ahead of key Aussie employment data
– Currency pair currently outpacing key fundamental driver in yield spreads
– Extremely one-sided forex crowd positions underline reversal risk
View more: Aussie setups ahead of the Australian Employment Report and US FOMC Minutes
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— Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.
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