FxWirePro: Kiwi depreciates against major peers as employment data misses expectations
AUD/NZD is currently trading around 1.0605 marks. Pair made intraday high at 1.0613 and low at 1.0545 marks. Intraday bias remains bullish till the time pair holds key support at 1.0550 mark. A sustained close above 1.05…
Pair made intraday high at 1.0613 and low at 1.0545 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0550 mark.
A sustained close above 1.0582 will drag the parity higher towards key resistances around 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0582 will take the parity down towards key supports around 1.0532/1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.
New Zealand Q1 2019 HLFS job growth qq decrease to -0.2 % (forecast 0.5 %) vs previous 0.1 %.
New Zealand Q1 2019 HLFS unemployment rate decrease to 4.2 % (forecast 4.2 %) vs previous 4.3 %.
New Zealand Q1 2019 labour cost index - qq decrease to 0.3 % (forecast 0.5 %) vs previous 0.5 %.
