FxWirePro: AUD/ USD struggles ahead of key US jobs data

• AUD/USD stayed near its previous levels on Friday as investors awaited crucial data that is likely to shape the Federal Reserve's upcoming interest rate decision.

•The U.S. employment report has gained significance after Fed Chair Jerome Powell's recent comments that additional labor market weakness would be unwelcome..

• Economists surveyed forecast 160,000 job additions and an unemployment rate of 4.2%..

•At GMT 03:44, the pair was trading down 0.12 percent  at 0.6733 after reaching daily high at 0.6749.

• Immediate resistance is located at 0.6749 (38.2%fib), any close above will push the pair towards 0.6801 (Sep 3rd high).

• Support is seen at 0.6714(Sep 5th low) and break below could take the pair towards 0.6688  (50%fib).

 Recommendation: Be on sidelines