FxWirePro: Kiwi gains in early Asia on robust employment data
Wednesday, May 3, 2017 1:58 AM UTC
- 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).