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 1.08…
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.