Buy on a level breakthrough of 0.7070 with 0.7130 target. Stop loss = 0.7020.
Reason for the trading strategy
In August, the employment level in Australia grew by 17.4 thousand people, while the unemployment rate declined from 6.3% to 6.2%. The labor market data was better than expected and supported the Aussie. In the short term, the Aussie may test the level of 0.7070 dollar.