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FxWirePro: Kiwi strengthens in early Asia on robust job data

  • AUD/NZD is currently trading around 1.0730 marks.
     
  • Pair made intraday high at 1.0753 and low at 1.0722 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0798 mark.
     
  • A sustained close above 1.0747 will drag the parity higher towards key resistances around 1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
     
  • Alternatively, a daily close below 1.0747 will take the parity down towards key supports around 1.0658/1.0572/1.0502  marks respectively.
     
  • New Zealand Q3 2018 unemployment rate decrease to 3.9 % (forecast 4.5 %) vs previous 4.5 %.
     
  • New Zealand Q3 2018 job growth qq increase to 1.1 % (forecast 0.5 %) vs previous 0.5 %.
  • Market Data
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