By Andrew M Spencer — Oct 16 - 08:45 PM
Corrects employment number in 2nd line, adds subscriber codes
Traded up 0.04% at 0.6668 into the jobs climbed 0.25% to 0.6692
Employment +64.1k - poll +25k, participation rate 67.2% poll 67.1%,
Unemployment rate 4.1% poll 4.2% full-time employment +51.6k
Another set of strong data following September - RBA to stay on hold
Charts; 5, 10 & 21-day moving averages fall with daily momentum studies
21-day Bollinger bands expand - daily charts show a downside bias
0.6627 200-day moving average and 0.6622 September low are major support
Wednesday's 0.6705 high and Tuesday's 0.6731 top are the first resistance
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary