FxWirePro: Aussie rises on the back of higher than expected employment data
Thursday, January 24, 2019 1:17 AM UTC
- AUD/NZD is currently trading around 1.0534 marks.
- Pair made intraday high at 1.0541 and low at 1.0503 marks.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 1.0517 will drag the parity higher towards key resistances around 1.0570/1.0590/1.0634/1.0712/1.0877/1.0955 levels respectively.
- Alternatively, a daily close below 1.0517 will take the parity down towards key supports around 1.0481/1.0432/1.0333/1.0237 marks respectively.
- Australia Dec 2018 unemployment rate decrease to 5 % (forecast 5.1 %) vs previous 5.1 %.
- Australia Dec 2018 employment decrease to 21.6 person (forecast 16.5 person) vs previous 37 person.