FxWirePro: Kiwi strengthens in early Asia on robust job data
AUD/NZD is currently trading around 1.0730 marks. Pair made intraday high at 1.0753 and low at 1.0722 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0798 mark. A sustained close above 1…
Pair made intraday high at 1.0753 and low at 1.0722 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0798 mark.
A sustained close above 1.0747 will drag the parity higher towards key resistances around 1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0747 will take the parity down towards key supports around 1.0658/1.0572/1.0502 marks respectively.
New Zealand Q3 2018 unemployment rate decrease to 3.9 % (forecast 4.5 %) vs previous 4.5 %.
New Zealand Q3 2018 job growth qq increase to 1.1 % (forecast 0.5 %) vs previous 0.5 %.
