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FxWirePro: Aussie gains against major peers on robust employment data

  • AUD/NZD is currently trading around 1.0830 marks.
     
  • Pair made intraday high at 1.0833 and low at 1.0770 marks.
     
  • Intraday bias remains bullish till the time pair holds immediate support at 1.0767 marks.  
     
  • A daily close below 1.0795 will take the parity down towards key supports around 1.0767, 1.0713, 1.0670, 1.0616, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
     
  • On the other side, a sustained close above 1.0795 will drag the parity higher towards key resistances at 1.0833/1.0904/1.0966/1.1062 (30D EMA)/1.1148 levels respectively.
     
  • Australia’s March employment increase to 60.9 k (forecast 20.0 k) vs previous -6.4 k.
     
  • Australia’s March unemployment rate stays flat at 5.9 % (forecast 5.9 %) vs previous 5.9 %.

  • Australia’s March full time employment increase to 74.5 k vs previous 27.1 k.
     
  • Australia’s March participation rate increase to 64.8 % (forecast 64.6 %) vs previous 64.6 %.
  • Market Data
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