11 Dec 2014
AUD/USD up to first major resistance on Aussie jobs report
FXStreet (Guatemala) - AUD/USD is trading at 0.8368, up 0.50% on the day, having posted a daily high at 0.8378 and low at 0.8312.
AUD/USD is spiking n the jobs data form the Australian economy on an otherwise already bid foundation that was leading into the Asian shift on a weaker recovery in the US dollar overnight.
The data came with the headline of the November Employment Change as 42.7k vs just 15.0k. This has taken us up to meet yesterday business’s highs but settling back a touch and out of reach of the 0.84 handle still. Karen Jones, chief analysts notes that the initial resistance here is the Imoku 1 at 0.8385 and downtrend at 0.8593, which we are some way off of course.
AUD/USD is spiking n the jobs data form the Australian economy on an otherwise already bid foundation that was leading into the Asian shift on a weaker recovery in the US dollar overnight.
The data came with the headline of the November Employment Change as 42.7k vs just 15.0k. This has taken us up to meet yesterday business’s highs but settling back a touch and out of reach of the 0.84 handle still. Karen Jones, chief analysts notes that the initial resistance here is the Imoku 1 at 0.8385 and downtrend at 0.8593, which we are some way off of course.