FxWirePro: Aussie rises against major peers immediately after employment data
AUD/NZD is currently trading around 1.1035 marks. Pair made intraday high at 1.1043 and low at 1.0994 marks. Intraday bias remains neutral till the time pair holds key support at 1.0987 mark. A sustained close above 1.10…
Pair made intraday high at 1.1043 and low at 1.0994 marks.
Intraday bias remains neutral till the time pair holds key support at 1.0987 mark.
A sustained close above 1.1022 will drag the parity higher towards key resistances at 1.1082/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.1022 will take the parity down towards key supports around 1.0952/1.0844/1.0782/1.0658/1.0572/1.0502 marks respectively.
Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
Australia July 2018 employment decrease to -3.9 person (forecast 15 person) vs previous 50.9 person.
Australia July 2018 unemployment rate decrease to 5.3 % (forecast 5.4 %) vs previous 5.4 %.
Australia's S&P/ASX 200 index down 0.56 pct at 6,293.50 points in early trade.
