FxWirePro: Aussie appreciates against major peers on robust employment change data
AUD/NZD is currently trading around 1.0140 marks. Pair made intraday high at 1.0161 and low at 1.0050 marks. Intraday bias remains bullish for the moment. A sustained close above 1.0100 will drag the parity higher toward…
Pair made intraday high at 1.0161 and low at 1.0050 marks.
Intraday bias remains bullish for the moment.
A sustained close above 1.0100 will drag the parity higher towards key resistances around 1.0238, 1.0341, 1.0532, 1.06, 1.0654 and 1.0743 mark respectively.
Alternatively, a daily close below 1.0052 will drag the parity lower towards key supports around 1.0020/0.9950/0.9824/0.97 marks respectively.
Australia’s employment change stands at 26.7K vs 12.9K previous release (expected 8.5K).
Australia’s unemployment rate stands at 5.1 pct vs 5.3 pct previous release (expected 5.3 pct).
NZ’s GDP q/q stands at 0.5 pct vs 0.8 pct previous release (expected 0.5 pct).
Australia’s S&P/ASX 200 was trading 1.09 pct lower at 4,899.10 points.
