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3 May 2013
Forex: AUD/USD taking it easy after US data
FXstreet.com (Barcelona) - The Aussie dollar is hovering over 1.0270/75 on Friday after US Non-farm Payrolls surprised market participants climbing to 165k in April, leaving behind the median at 145K and the previous reading at 138K (revised from 88K).
Further data showed that the US jobless rate ticked lower to 7.5% from 7.6% estimated at prior.
At the moment, the cross is up 0.10% at 1.0259 with the next resistance at 1.0292 (MA10d) followed by 1.0343 (MA55d) and finall7 1.0358 (MA21d).
On the downside, a breach of 1.0221 (low Apr.23) would expose 1.0202 (low Mar.11) and then 1.0188 (low Mar.5).
Further data showed that the US jobless rate ticked lower to 7.5% from 7.6% estimated at prior.
At the moment, the cross is up 0.10% at 1.0259 with the next resistance at 1.0292 (MA10d) followed by 1.0343 (MA55d) and finall7 1.0358 (MA21d).
On the downside, a breach of 1.0221 (low Apr.23) would expose 1.0202 (low Mar.11) and then 1.0188 (low Mar.5).