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FxWirePro: Aussie gains in early Asia on the back of higher than expected employment data

AUD/NZD is currently trading around 1.0745 marks. Pair made intraday high at 1.0753 and low at 1.0692 marks. Intraday bias remains bullish till the time pair holds key support at 1.0667 marks. A daily close below 1.0706 …

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FxWirePro: Aussie gains in early Asia on the back of higher than expected employment data
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  • AUD/NZD is currently trading around 1.0745 marks.
     
  • Pair made intraday high at 1.0753 and low at 1.0692 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0667 marks.  
     
  • A daily close below 1.0706 will take the parity down towards key supports around 1.0667, 1.0610, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
     
  • On the other side, a sustained close above 1.0706 will drag the parity higher towards key resistances at 1.0790/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia’s April employment decrease to 37.4 k (forecast 5.0 k) vs previous 60 k (revised from 60.9 k).
     
  • Australia’s April full time employment decrease to -11.6 k vs previous 73.9 k (revised fr

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