Chart - Courtesy Trading View
AUD/NZD was trading 0.35% higher on the day at 1.0981 at around 12:55 GMT, bias bullish.
The pair is extending gains for the second straight session, is on track to test 200-DMA at 1.0999.
Data released earlier on Wednesday showed New Zealand's jobless rate edged up to 3.4% last quarter, above expectations and prior reading at 3.3%.
The Reserve Bank of New Zealand had forecast the unemployment rate at 3.2%. Data showed signs of loosening in the labour market.
The pair has trimmed some gains, Reserve Bank of New Zealand is expected to continue its hawkish stance despite weak Employment data.
Technical bias for the pair remains bullish. MACD and ADX support upside in the pair. Price action is above cloud and Chikou span is biased higher.
GMMA indicator shows minor trend is bullish, while major trend is turning bullish. Momentum is bullish and volatility is high and rising.
Support levels - 1.0946 (5-DMA), 1.0886 (110-EMA)
Resistance levels - 1.0999 (200-DMA), 1.1044 (Nov 2022 high)
Summary: AUD/NZD hits fresh 3-month high at 1.0993, outlook is bullish. 200-DMA is immediate resistance at 1.0999, watch for break above for further gains.


EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Woodies Pivot(Major)
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro-Major European Indices
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Woodies Pivot(Major)
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 



