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Add as a preferred source on Google FxWirePro: Aussie falls against major peers after employment change data AUD/NZD is currently trading around 1.0442 marks. Pair made intraday high at 1.0471 and low at 1.0428 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0476 will drag the parity higher toward…
By FxWirePro Team Feb 20, 2020, 1:54 AM UTC
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AUD/NZD is currently trading around 1.0442 marks.
Pair made intraday high at 1.0471 and low at 1.0428 marks.
Intraday bias remains bearish for the moment.
A sustained close above 1.0476 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
Alternatively, a daily close below 1.0452 will take the parity down towards key supports around 1.0414/1.0349/1.0264/1.0222/1.0178 marks respectively.
Australia’s employment change data stands at 13.5K vs 28.7K previous release (expected 10.0K).
Australia’s unemployment rate stands at 5.3 pct vs 5.1 pct previous release (expected 5.2 pct).
Australia’s S&P/ASX 200 was trading 0.73 pct higher at 7,196.80 points.
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