AUD/USD climbs from overnight low

FXstreet.com (Barcelona) - Despite a spike to post an overnight high at 0.9081, AUD/USD found support at the low 0.9010 before climbing into the European session to where it is presently trading at 0.9052, down -0.01% on the day.

AUD/USD volatile overnight on Employment data

AUD/USD had a busy night of data to contend with, starting with the RBNZ decision to hold rates at 2.5%. However, the main attraction for the pair was Employment data, which saw a significant improvement in Employment Change and Full Time Employment, and a small gain in Part Time jobs. The Unemployment rate met expectations at 5.8%, but edged higher from 5.7% previous. The data caused an initial spike to 0.9081 before sharply retracing.

What are today’s key AUD/USD levels?

Today’s central pivot point can be found at 0.9087, with support below at 0.9011 (S1), 0.8969 (S2) and 0.8893 (S3) and resistance at 0.9129 (R1), 0.9205 (R2) and 0.9247 (R3). Dark Cloud Cover, and Engulfing Bearish Candlestick patterns can be found on the daily chart.

Flash: AUD/USD potential for deeper decline - UOB Group

Market Strategists at UOB Group note that the unexpected AUD/USD break below 0.9080 lead to a drop of 0.9035 early this morning.
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Flash: USD/JPY stalling just ahead of the 103.74 2013 high - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that USD/JPY has again stalled at 103.40, similar to price action seen last week.
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