Audusd: Bounce can be expected

Fundamental analysis:

The new employment in the United States exceeded expectations in June, and the unemployment rate remained near the low point in the past 50 years. The recruitment demand was worried about economic prospects. The employment growth is strong, and the employment toughness is further compared with the economic prospects. The drum sound of economic recession has become more and more loud. Inflation for decades is eroding Americans' income and putting pressure on consumer expenditure.

Australian dollar against the US dollar  daily chart

Technical analysis:

Seeing the daily map: The short -term exchange rate continues to be weak, MACD runs below the 0 axis and the volume can continue to volume. The RSI rises slightly. It is expected that the exchange rate will go down further after the rebound.

Multi -time turning point: 0.7030

Suppression bit: 0.7200 0.7400

Support bit: 0.6850 0.6700

Trading strategy: 0.7030, go below, target 0.6850, 0.6700

Alternative strategy: Likes above 0.7030, target 0.7200, 0.7400