By John Noonan — Sep 13 - 09:40 PM
AUD/USD popped up to 0.6454 from 0.6440 after Aus August jobs report nAZN1AR4VD
Job gains much better than expected while unemployment unchanged at 3.7%
The rally was short-lived and AUD/USD back below 0.6440
The August employment data unlikely to impact RBA expectations
A clear and sustained break above 0.6450 targets 0.6522 double-top
Support is at the 21-day MA at 0.6426 and 10-day MA at 0.6414
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Source:
Refinitiv IFR Research/Market Commentary