By James Connell — Apr 16 - 09:51 PM
• AUD/USD steadies after AU employment data reveals no big surprises
• Mar employment +32.2k jobs (poll +40.0k), unemployment 4.1% (poll 4.2%)
• Stop-losses gathered above 0.6390 resistance; AUD likely to extend rally
• AUD stays supported amid doubts over long-standing strong USD policy
• Trade war developments remain key; U.S. jobless claims Thur may impact
• AUD range Asia 0.6353-76, support 0.6180 0.5910, resistance 0.6390
AUD 4 hour Chart
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters