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…
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 %.
