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FxWirePro: Aussie appreciates against major peers on robust employment data

  • AUD/NZD is currently trading around 1.0690 marks.
     
  • Pair made intraday high at 1.0691 and low at 1.0636 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0638 mark.
     
  • A sustained close above 1.0638 will drag the parity higher towards key resistances around 1.0699/1.0747/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
     
  • Alternatively, a daily close below 1.0638 will take the parity down towards key supports around 1.0613/1.0572/1.0502/1.0432  marks respectively.
     
  • Australia Oct 2018 employment increase to 32.8 person (forecast 20 person) vs previous 5.6 person.
     
  • Australia Oct 2018 unemployment rate stays flat at 5 % (forecast 5.1 %) vs previous 5 %.
     
  • Australia Oct 2018 full time employment increase to 42.3 person vs previous 20.3 person.
     
  • Australia Oct 2018 participation rate increase to 65.6 % (forecast 65.5 %) vs previous 65.4 %.
     
  • Australia's S&P/ASX 200 index up 0.16 pct at 5,741.70 points in early trade.
  • Market Data
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