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AUD jumps to the upside after employment data

Australian dollar jumped to the 0.9360 area after a better than expected employment report, 15-month high; the 24,500 new jobs were created against the expected loss of 10,100; unemployment rate come as expected at 5.8%.Next resistance for the pair, comes at the 0.9417 area, August 2008 high and above, 0.9470 zone. Expect the downside to remain capped by key 0.9320 area, as current rally is supported by fresh all time highs in gold at $ 1120/oz.

Data send dollar down across the board, with EUR/USD back at the 1.5020 level, and GBP/USD above 1.6610. Commodity currencies are the most benefit at the moment, with Canadian dolar at 1.0420, and NZD/USD at the 0.7430 area.

AUD/USD (Nov 12 at 06:50 GMT)

0.9344/45 (0.51%)

H 0.9371 L 0.9293

S3S2S1R1R2R3
0.92890.93120.93360.93460.93690.9392
[?]Trend Index[?]OB/OS Index
Slightly BearishNeutral
Data updated on Nov 12 at 06:35 (15-minute timeframe)

[ View AUD/USD Technical Studies ]

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