FxWirePro: Aussie strengthens remarkably against major peers after employment data
Thursday, January 23, 2020 1:32 AM UTC
- AUD/NZD is currently trading around 1.0422 marks.
- Pair made intraday high at 1.0430 and low at 1.0371 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0380 marks.
- A sustained close above 1.0430 will drag the parity higher towards key resistances around 1.0455, 1.0526, 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
- Alternatively, a daily close below 1.0380 will take the parity down towards key supports around 1.0326/1.0264/1.0222/1.0178 marks respectively.
- Australia’s employment change stands at 28.9K vs 38.5K previous release (expected 12.2K).
- Australia’s unemployment rate stands at 5.1 pct vs 5.2 pct previous release (expected 5.2 pct).
- Australia’s S&P/ASX 200 was trading 0.65 pct lower at 7,086.40 points.