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AUD/USD better bid ahead Australian showdown

FXStreet (Barcelona) - AUD/USD is trading at 0.8839, up 0.01% on the day, having posted a daily high at 0.8843 and low at 0.8833.

AUD/USD has been better bid on the back of the FOMC minutes that revealed a more dovish outlook than what had been anticipated and left the dollar for dust once again this week. The pair jumped to test 0.8820 resistance form the off and moved on with conviction to finally meet supply and a subsequent blockade at the mid point of the handle at Sep 24th congestion zone. Today in Asia is all about the Australian unemployment data and it has drawn much attention due to yesterday’s notice of the Australian Bureau of Statistics arrangements for revisions to the previously published July and August seasonally adjusted estimates. Meanwhile, the jobs have been forecast to rise by 20,000 and the unemployment rate unchanged at 6.2%.

AUD/USD noteworthy levels

Current price is 0.8840, with resistance ahead at 0.8853, 0.8860 (Daily Classic R1) and 0.8889 (Daily 20 SMA). Next support to the downside can be found at 0.8833, 0.8818, 0.8794 (Daily Classic PP), 0.8794 (Hourly 20 EMA) and 0.8787 (Weekly Classic R1).

EUR/JPY: Intraday indicators turn positive - FXStreet

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