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FxWirePro: Aussie gains against major peers on robust employment data

  • AUD/NZD is currently trading around 1.0924 marks.
     
  • Pair made intraday high at 1.0942 and low at 1.0862 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0860 mark.
     
  • A sustained close above 1.0870 will drag the parity higher towards key resistances at 1.0958/1.1035/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0860 will take the parity down towards key supports around 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Nov 2017 employment increase to 61.6 (forecast 18 thou person) vs previous 3.7.
     
  • Australia Nov 2017 unemployment rate stays flat at 5.4 % (forecast 5.4 %) vs previous 5.4 %.
     
  • Australia Nov 2017 full time employment increase to 41.9 thou person vs previous 24.3 thou person.
     
  • Australia's S&P/ASX 200 index up 0.24 pct at 6,036.40 points in early trade.

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