FxWirePro: Aussie trades marginally higher against major peers despite lower than expected employment data
AUD/NZD is currently trading around 1.0422 marks. Pair made intraday high at 1.0427 and low at 1.0399 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0414 mark. A sustained close a…
Pair made intraday high at 1.0427 and low at 1.0399 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0414 mark.
A sustained close above 1.0414 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0414 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia’s employment change at 0.5K vs 45.3K previous release (9.1K expected).
Australia’s unemployment rate at 5.2 pct vs 5.2 pct previous release.
