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FxWirePro: Aussie appreciates against major peers on the back of higher than expected employment data

AUD/NZD is currently trading around 1.0983 marks. Pair made intraday high at 1.0985 and low at 1.0951 marks. Intraday bias remains bullish till the time pair holds key support at 1.0930 mark. A sustained close above 1.09…

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FxWirePro: Aussie appreciates against major peers on the back of higher than expected employment data
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  • AUD/NZD is currently trading around 1.0983 marks.
     
  • Pair made intraday high at 1.0985 and low at 1.0951 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0930 mark.
     
  • A sustained close above 1.0965 will drag the parity higher towards key resistances at 1.1022/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0965 will take the parity down towards key supports around 1.0930, 1.0873, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • Australia Sep employment increase to 19.8 k vs forecast 15.0 k (previous 54.2 k).
     
  • Australia Sep unemployment rate decrease to 5.5 % (forecast 5.6 %) vs previous 5.6 %.
     
  • Australia's S&P/ASX 200 index up 0.14 pct at 5,898.60 points in early trade.

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