FxWirePro: Kiwi trades marginally lower against major peers after employment change data
AUD/NZD is currently trading around 1.0814 marks. Pair made intraday high at 1.0820 and low at 1.0800 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0750 marks. A sustained close …
Pair made intraday high at 1.0820 and low at 1.0800 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0750 marks.
A sustained close above 1.0812 will drag the parity higher towards key resistances around 1.0882, 1.0951 and 1.1145 levels respectively.
Alternatively, a daily close below 1.0812 will take the parity down towards key supports around 1.0750/1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
Australia’s S&P/ASX200 was trading around 0.12 pct lower at 6,689.40 points.
Kiwi’s employment change stands at 0.2 pct vs 0.6 pct previous release (expected 0.2).
Kiwi’s unemployment rate stands at 4.2 pct vs 3.9 pct previous release (expected 4.1).
