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FxWirePro: Kiwi gains in early Asia on robust employment data

AUD/NZD is currently trading around 1.0826 marks. Pair made intraday high at 1.0865 and low at 1.0811 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0912 marks. A daily close belo…

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FxWirePro: Kiwi gains in early Asia on robust employment data
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  • AUD/NZD is currently trading around 1.0826 marks.
     
  • Pair made intraday high at 1.0865 and low at 1.0811 marks.
     
  • Intraday bias remains bearish till the time pair holds immediate resistance at 1.0912 marks.  
     
  • A daily close below 1.0862 will take the parity down towards key supports around 1.0775, 1.0713, 1.0670, 1.0616, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
     
  • On the other side, a sustained close above 1.0862 will drag the parity higher towards key resistances at 1.0912/1.0966/1.1062/1.1148 levels respectively.

  • New Zealand’s Q1 s/adj unemployment rate 4.9 pct (poll 5.2 pct).
     
  • New Zealand’s Q1 s/adj employment rate +1.2 pct (poll +0.8 pct).

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