FxWirePro: Aussie strengthens against major peers on robust employment data
AUD/NZD is currently trading around 1.1040 marks. Pair made intraday high at 1.1053 and low at 1.0994 marks. Intraday bias remains bullish till the time pair holds key support at 1.0994 mark. A sustained close above 1.10…
Pair made intraday high at 1.1053 and low at 1.0994 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0994 mark.
A sustained close above 1.1023 will drag the parity higher towards key resistances at 1.1107/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively
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Alternatively, a daily close below 1.1023 will take the parity down towards key supports around 1.0979, 1.0862, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
Australia August employment increase to 54.2 k (forecast 15.0 k) vs previous 27.9 k.
Australia August unemployment rate stays flat at 5.6 % (forecast 5.6 %) vs previous 5.6 %.
Australia August full time employment increase to 40.1 k vs previous -20.3 k.
Australia's S&P/ASX 200 index down 0.21 pct at 5,732.20 points in early trade.
