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EUR/AUD moving back into line sub 1.44 handle

FXStreet (Barcelona) - EUR/AUD is trading at 1.4390, down -0.09% on the day, having posted a daily high at 1.4469 and low at 1.4382.

EUR/AUD spiked higher on the Australian jobs numbers on the knee jerk to what is data currently delivered by an underfunded ABS. Perhaps, as a result, the AUD has fallen back into line as traders scramble through ideas on what the data really means. The headline was poor yet full-time jobs apparently jumped 21.6K which is highly different to the fall of 79.7K we saw in August. Across the waters, the euro is getting a bad time with concerns over the state of the EZ again although in an environment where the greenback has been unwound and been pulled back on tailwinds from a dovish set of FOMC minutes.

EUR/AUD noteworthy levels

With spot trading at 1.4391, we can see next resistance ahead at 1.4400 (Hourly 100 SMA), and 1.4418 (Daily Classic PP). Support below can be found at 1.4378 (Daily 20 SMA), 1.4350 and 1.4335 (Daily

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