• FxWirePro: Aussie strengthens against major peers after employment change data

    Source: FxWire Pro - Technicals / 16 Oct 2019 21:29:06   America/New_York

    • AUD/NZD is currently trading around 1.0781 marks.
       
    • Pair made intraday high at 1.0784 and low at 1.0733 marks.
       
    • Intraday bias remains bullish till the time pair holds key support at 1.0743 marks.
       
    • A sustained close above 1.0743 will drag the parity higher towards key resistances around 1.0820, 1.0882 and 1.0951 levels respectively.
       
    • Alternatively, a daily close below 1.0743 will take the parity down towards key supports around 1.0684/1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
       
    • Aussie employment change stands at 14.7K vs 37.9K previous release.
       
    • Aussie unemployment rate stands at 5.2 pct vs 5.3 pct previous release.
       
    • Australia’s S&P/ASX200 was trading around 0.30 pct lower at 6,716.00 points.
    © FxWire Pro 2020. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.
Share on,