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FxWirePro: Aussie trades marginally higher against major peers despite lower than expected employment data

  • AUD/NZD is currently trading around 1.0422 marks.
     
  • Pair made intraday high at 1.0427 and low at 1.0399 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 1.0414 mark.
     
  • A sustained close above 1.0414 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0414 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
     
  • Australia’s employment change at 0.5K vs 45.3K previous release (9.1K expected).
     
  • Australia’s unemployment rate at 5.2 pct vs 5.2 pct previous release.
  • Market Data
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