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FxWirePro: Aussie rises against major peers after employment data

AUD/NZD is currently trading around 1.0340 marks. Pair made intraday high at 1.0353 and low at 1.0298 marks. Intraday bias remains slightly bullish for the moment. A sustained close above 1.0338 will drag the parity high…

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FxWirePro: Aussie rises against major peers after employment data
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  • AUD/NZD is currently trading around 1.0340 marks.
     
  • Pair made intraday high at 1.0353 and low at 1.0298 marks.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A sustained close above 1.0338 will drag the parity higher towards key resistances around 1.0428/1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0338 will take the parity down towards key supports around 1.0298/1.0237/1.0192  marks respectively.
     
  • Australia Feb 2019 unemployment rate decrease to 4.9 % (forecast 5 %) vs previous 5 %.
     
  • Australia Feb 2019 full time employment decrease to -7.3 person vs previous 65.4 person.
     
  • Australia's S&P/ASX 200 index down 0.15 pct at 6,156.20 points in early trade.

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