# AUD/USD: NFP Straddle Setup (January 10, 2014) Source: https://www.tradersway.com/resources/market-info/aud-usd-nfp-straddle-setup-january-10-2014/ Language: en Updated: 2014-01-10 Description: Explore AUD/USD: NFP Straddle Setup (January 10, 2014). AUD/USD is. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. AUD/USD is testing a major support level, as seen on its daily time frame. The pair has previously bounced off the .8850 to .8900 area in the past but has formed a bearish flag right on that area. Data from China and Australia have mostly been weaker than expected while RBA Governor Stevens continues to express his preference for a weaker Australian dollar. The event risk for today is the NFP release, which might be positive for the US dollar if it comes in strong. ![AUD/USD: NFP Straddle Setup (January 10, 2014)] If that’s the case, AUD/USD might make a strong break below support and trade to the next support area around .8600, which is Stevens’ ideal level for the pair. However, a weak figure might trigger a quick bounce, possibly until the near term resistance around .9150. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/aud-usd-nfp-straddle-setup-january-10-2014/#primary", "url": "https://www.tradersway.com/resources/market-info/aud-usd-nfp-straddle-setup-january-10-2014/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/aud-usd-nfp-straddle-setup-january-10-2014/", "headline": "AUD/USD: NFP Straddle Setup (January 10, 2014)", "inLanguage": "en", "datePublished": "2014-01-10T13:36:19+00:00", "dateModified": "2014-01-10T13:36:19+00:00", "articleSection": "Market Info", "description": "Explore AUD/USD: NFP Straddle Setup (January 10, 2014). AUD/USD is. 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