FxWirePro: Aussie strengthens against major peers on robust job data
Thursday, September 13, 2018 1:45 AM UTC
- AUD/NZD is currently trading around 1.0971 marks.
- Pair made intraday high at 1.0972 and low at 1.0917 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0900 mark.
- A sustained close above 1.0926 will drag the parity higher towards key resistances at 1.0976/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
- Alternatively, a daily close below 1.0926 will take the parity down towards key supports around 1.0844/1.0782/1.0658/1.0572/1.0502 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Australia Aug employment +44.0k s/adj (poll +15k).
- Australia Aug unemployment rate 5.3 pct, s/adj (poll 5.3 pct).
- Australia Aug participation rate 65.7 pct, s/adj (65.6 pct).
- Australia July employment revised to -4.3k, from -3.9k.
- Australia's S&P/ASX 200 index down 0.23 pct at 6,161.60 points in early trade.