FxWirePro: Aussie depreciates noticeably against major peers after employment data
AUD/NZD is currently trading around 1.0540 marks. Pair made intraday high at 1.0563 and low at 1.0522 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0585 mark. A sustained clos…
Pair made intraday high at 1.0563 and low at 1.0522 marks.
Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0585 mark.
A sustained close above 1.0553 will drag the parity higher towards key resistances around 1.0650, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0553 will take the parity down towards key supports around 1.0522/1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia April 2019 employment increase to 28.4 person (forecast 14 person) vs previus 25.7 person.
Australia April 2019 unemployment rate increase to 5.2 % (forecast 5.1 %) vs previus 5 %.
