FxWirePro: Aussie rises sharply against major peers despite lower than expected employment data
Thursday, October 18, 2018 12:49 AM UTC
- AUD/NZD is currently trading around 1.0895 marks.
- Pair made intraday high at 1.0898 and low at 1.0843 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0822 mark.
- A sustained close above 1.0852 will drag the parity higher towards key resistances around 1.0895/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
- Alternatively, a daily close below 1.0852 will take the parity down towards key supports around 1.0822/1.0782/1.0658/1.0572/1.0502 marks respectively.
- Australia Sep 2018 employment decrease to 5.6 person (forecast 15 person) vs previous 44 person.
- Australia Sep 2018 unemployment rate decrease to 5 % (forecast 5.3 %) vs previous 5.3 %.
- Australia Sep 2018 participation rate decrease to 65.4 % (forecast 65.7 %) vs previous 65.7 %.
- Australia Sep 2018 full time employment decrease to 20.3 person vs previous 33.7 person.