FxWirePro: Aussie rises sharply against major peers despite lower than expected employment data
AUD/NZD is currently trading around 1.0895 marks. Pair made intraday high at 1.0898 and low at 1.0843 marks. Intraday bias remains bullish till the time pair holds key support at 1.0822 mark. A sustained close above 1.08…
Pair made intraday high at 1.0898 and low at 1.0843 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0822 mark.
A sustained close above 1.0852 will drag the parity higher towards key resistances around 1.0895/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0852 will take the parity down towards key supports around 1.0822/1.0782/1.0658/1.0572/1.0502 marks respectively.
Australia Sep 2018 employment decrease to 5.6 person (forecast 15 person) vs previous 44 person.
Australia Sep 2018 unemployment rate decrease to 5 % (forecast 5.3 %) vs previous 5.3 %.
Australia Sep 2018 participation rate decrease to 65.4 % (forecast 65.7 %) vs previous 65.7 %.
Australia Sep 2018 full time employment decrease to 20.3 person vs previous 33.7 person.
