• FxWirePro: Aussie rises sharply against major peers despite lower than expected employment data

    Source: FxWire Pro - Technicals / 17 Oct 2018 21:04:45   America/New_York

    • 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.
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