FxWirePro: Aussie appreciates against major peers on robust employment data
AUD/NZD is currently trading around 1.0690 marks. Pair made intraday high at 1.0691 and low at 1.0636 marks. Intraday bias remains bullish till the time pair holds key support at 1.0638 mark. A sustained close above 1.06…
Pair made intraday high at 1.0691 and low at 1.0636 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0638 mark.
A sustained close above 1.0638 will drag the parity higher towards key resistances around 1.0699/1.0747/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0638 will take the parity down towards key supports around 1.0613/1.0572/1.0502/1.0432 marks respectively.
Australia Oct 2018 employment increase to 32.8 person (forecast 20 person) vs previous 5.6 person.
Australia Oct 2018 unemployment rate stays flat at 5 % (forecast 5.1 %) vs previous 5 %.
Australia Oct 2018 full time employment increase to 42.3 person vs previous 20.3 person.
Australia Oct 2018 participation rate increase to 65.6 % (forecast 65.5 %) vs previous 65.4 %.
Australia's S&P/ASX 200 index up 0.16 pct at 5,741.70 points in early trade.
