FxWirePro: Aussie gains in early Asia on the back of higher than expected employment data
Thursday, May 18, 2017 2:11 AM UTC
- AUD/NZD is currently trading around 1.0745 marks.
- Pair made intraday high at 1.0753 and low at 1.0692 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0667 marks.
- A daily close below 1.0706 will take the parity down towards key supports around 1.0667, 1.0610, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
- On the other side, a sustained close above 1.0706 will drag the parity higher towards key resistances at 1.0790/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
- Australia’s April employment decrease to 37.4 k (forecast 5.0 k) vs previous 60 k (revised from 60.9 k).
- Australia’s April full time employment decrease to -11.6 k vs previous 73.9 k (revised fr