AUDUSD: Waiting For The NFP DataAUD/USDOANDA:AUDUSDKlejdiCuniAUDUSD: Waiting For The NFP Data AUDUSD is trading above a key support zone after what appears to be a false breakout, suggesting that sellers may be losing momentum. As long as price remains above this support, the pair could attempt a recovery toward the resistance levels marked on the chart. Today's main catalyst is the U.S. Non-Farm Payrolls (NFP) report. Market expectations are for 110K new jobs, down significantly from the previous reading of 172K. A weaker-than-expected result could weigh on the U.S. Dollar and provide additional bullish momentum for AUDUSD. From a technical perspective, confirmation of the false breakout would increase the probability of a move toward the first target around 0.6915, followed by the major resistance zone near 0.6930. Keep in mind that NFP is one of the most volatile economic releases of the month, and price action can become extremely volatile after the announcement. It's all about the news... You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️