FxWirePro: Aussie gains against major peers on robust employment data
AUD/NZD is currently trading around 1.0446 marks. Pair made intraday high at 1.0448 and low at 1.0392 marks. Intraday bias remains bullish for the moment. A sustained close above 1.0450 will drag the parity higher toward…
Pair made intraday high at 1.0448 and low at 1.0392 marks.
Intraday bias remains bullish for the moment.
A sustained close above 1.0450 will drag the parity higher towards key resistances at 1.0532/1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
Alternatively, a consistent close below 1.0374 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
Australia’s November employment increase to 39.1 k (forecast 20.0 k) vs previous 9.8 k.
Australia’s November unemployment rate increase to 5.7 % (forecast 5.6 %) vs previous 5.6 %.
Australia’s November full time employment* decrease to 39.3 k vs previous 41.5 k.
Australia’s November participation rate increase to 64.6 % (forecast 64.5 %) vs previous 64.4 %.
