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FxWirePro: Kiwi falls against major peers as employment data misses expectations

  • AUD/NZD is currently trading around 1.0714 marks.
     
  • Pair made intraday high at 1.0727 and low at 1.0650 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0647 marks.  
     
  • A daily close below 1.0668 will take the parity down towards key supports around 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0668 will drag the parity higher towards key resistances at 1.0754/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • New Zealand Q2 s/adj unemployment rate 4.8 pct (poll 4.8 pct).
     
  • New Zealand Q2 s/adj employment rate -0.2 pct (poll +0.7 pct).

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