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• AUD/USD steadied around 0.6845 on Friday as investors awaited U.S. non-farm payrolls figures due later in the day.
• The U.S. jobs report is released comes in the backdrop of a strengthening US economic outlook and a more assertive tone from Fed Chair Jerome Powell.
• The Australian dollar gained 0.09% to $0.6845 in early trading; however, it is down 0.8% for the week, marking its first weekly decline in four weeks.
• Immediate resistance is located at 0.6885 (Daily high), any close above will push the pair towards 0.6918 (23.6%fib).
• Support is seen at 0.68260(38.2%fib) and break below could take the pair towards 0.6748 (50%fib).
Recommendation: Good to sell around 0.6840, with stop loss of 0.6750 and target price of 0.6900
