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FxWirePro: Aussie gains against major peers after employment data

  • AUD/NZD is currently trading around 1.0837 marks.
     
  • Pair made intraday high at 1.0840 and low at 1.0795 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0745 marks.  
     
  • A daily close below 1.0811 will take the parity down towards key supports around 1.0745, 1.0636, 1.0525, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0811 will drag the parity higher towards key resistances at 1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia June employment decrease to 14 k (forecast 15.0 k) vs previous 38 k (revised from 42.0 k).
     
  • Australia June unemployment rate stays flat at 5.6 % (forecast 5.6 %) vs previous 5.6 % (revised from 5.5 %).
     
  • Australia's S&P/ASX 200 index up 0.58 pct at 5,765.20 points in early trade.
     

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