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FxWirePro: Aussie remains volatile against major peers after employment data

AUD/NZD is currently trading around 1.0453 marks. Pair made intraday high at 1.0488 and low at 1.0435 marks. Intraday bias remains slightly bullish till the time pair holds key support around 1.0400 mark. A sustained clo…

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FxWirePro: Aussie remains volatile against major peers after employment data
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  • AUD/NZD is currently trading around 1.0453 marks.
     
  • Pair made intraday high at 1.0488 and low at 1.0435 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support around 1.0400 mark.
     
  • A sustained close above 1.0447 will drag the parity higher towards key resistances around 1.0540/1.0570/1.0590/1.0634/1.0712 levels respectively.
     
  • Alternatively, a daily close below 1.0447will take the parity down towards key supports around 1.0400/1.0365/1.0333/1.0237  marks respectively.
     
  • Australia Jan 2019 unemployment rate stays flat at 5 % (forecast 5 %) vs previous 5 %.
     
  • Australia Jan 2019 employment increase to 39.1 person (forecast 15 person) vs previous 21.6 person.
     
  • Australia's S&P/ASX 200 index up 0.30 pct at 6,114.60 points in early trade.

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