FxWirePro: Aussie falls noticeably against major peers after employment data
AUD/NZD is currently trading around 1.0514 marks. Pair made intraday high at 1.0543 and low at 1.0513 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0580 mark. A sustained close above 1…
Pair made intraday high at 1.0543 and low at 1.0513 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0580 mark.
A sustained close above 1.0538 will drag the parity higher towards key resistances around 1.0580, 1.0630, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0538 will take the parity down towards key supports around 1.0422/1.0336/1.0275/1.0237/1.0192 marks respectively.
Australia May 2019 unemployment rate stays flat at 5.2 % (forecast 5.1 %) vs previous 5.2 %.
Australia May 2019 employment increase to 42.3 person (forecast 17.5 person) vs previous 28.4 person.
