FxWirePro: Aussie marginally lower against major peers after employment data
Thursday, January 19, 2017 1:19 AM UTC
- 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 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.