FxWirePro: Aussie marginally lower against major peers after employment data
AUD/NZD is currently trading around 1.0526 marks. Pair made intraday high at 1.0538 and low at 1.0521 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 1.0532 marks. A consistent close…
Pair made intraday high at 1.0538 and low at 1.0521 marks.
Intraday bias remains neutral till the time pair holds immediate resistance at 1.0532 marks.
A consistent close below 1.0532 will take the parity down towards key supports around 1.0465, 1.0420, 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
On the other side, a sustained close above 1.0532 will drag the parity higher towards key resistances at 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.
Australia’s December employment decreases to 13.5 k (forecast 10.0 k) vs previous 39.1 k.
Australia’s December unemployment rate increases to 5.8 % (forecast 5.7 %) vs previous 5.7 %.
Australia’s November employment revised to +37.1k, from +39.1k.
