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FxWirePro: Kiwi trades marginally lower against major peers after employment change data

  • AUD/NZD is currently trading around 1.0814 marks.
     
  • Pair made intraday high at 1.0820 and low at 1.0800 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 1.0750 marks.
     
  • A sustained close above 1.0812 will drag the parity higher towards key resistances around 1.0882, 1.0951 and 1.1145 levels respectively.
     
  • Alternatively, a daily close below 1.0812 will take the parity down towards key supports around 1.0750/1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia’s S&P/ASX200 was trading around 0.12 pct lower at 6,689.40 points.
     
  • Kiwi’s employment change stands at 0.2 pct vs 0.6 pct previous release (expected 0.2).
     
  • Kiwi’s unemployment rate stands at 4.2 pct vs 3.9 pct previous release (expected 4.1).
  • Market Data
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