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FxWirePro: Aussie appreciates against major peers on the back of higher than expected employment data

  • AUD/NZD is currently trading around 1.0983 marks.
     
  • Pair made intraday high at 1.0985 and low at 1.0951 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0930 mark.
     
  • A sustained close above 1.0965 will drag the parity higher towards key resistances at 1.1022/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0965 will take the parity down towards key supports around 1.0930, 1.0873, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • Australia Sep employment increase to 19.8 k vs forecast 15.0 k (previous 54.2 k).
     
  • Australia Sep unemployment rate decrease to 5.5 % (forecast 5.6 %) vs previous 5.6 %.
     
  • Australia's S&P/ASX 200 index up 0.14 pct at 5,898.60 points in early trade.

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