By John Noonan — Oct 18 - 08:45 PM
AUD/USD dipped to 0.634 from 0.6330 after mixed Aus Sept jobs report nAZN1CTD3T
Headline jobs missed but unemployment unexpectedly eased to 3.6% from 3.7%
The fall in unemployment due to a lower than expected participation rate
AUD/USD was already under pressure due to the risk-off mood in Asia
Key support for AUD/USD at double-bottom and year's low at 0.6286
A break below 0.6285 targets the 2022 trend low at 0.6107
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Source:
Refinitiv IFR Research/Market Commentary