FxWirePro: Aussie depreciates against major peers as employment change data misses expectations
AUD/NZD is currently trading around 1.0633 marks. Pair made intraday high at 1.0668 and low at 1.0627 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0677 marks. A sustained close above …
Pair made intraday high at 1.0668 and low at 1.0627 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0677 marks.
A sustained close above 1.0677 will drag the parity higher towards key resistances around 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
Alternatively, a daily close below 1.0677 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339 marks respectively.
Aussie’s employment change stands at -19.0 pct vs 12.5 pct previous release (expected 16.2 pct).
Aussie’s unemployment rate stands at 45.3 pct vs 5.2 pct previous release (expected 5.2).
Australia’s S&P/ASX 200 was trading 0.37 pct higher at 6,722.90 points.
