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AUD crosses have edged lower as Australian...>

AUSSIE
AUSSIE: AUD crosses have edged lower as Australian unemployment rate held steady
at 5.2% vs. expectations of a fall to 5.1%. 
- Worth highlighting that employment change was solid, with 42.3k jobs added vs.
exp. of a growth by 16.0k, while the prev. reading was revised to +43.1k from
28.4k. However, its impact on the unemployment rate was countered by an uptick
in participation rate, which came in higher than forecasted.
- AUD/USD last deals at $0.6917, 11 pips worse off. The downside breach of
Wednesday's/Jun 3 lows at $0.6927/25 shifts bearish focus to the $0.6900 mark,
ahead of the cycle lows of $0.6865.
- AUD/NZD has shed 25 pips and last trades at NZ$1.0517. Bears continue to
target the 100-DMA at NZ$1.0506, followed by the NZ$1.0501-1.0499 area, which
hosts Jun 7, Jun 5 & Jun 10 lows respectively.
- AUD/JPY last seen at Y75.06, 12 pips lower on the day. Familiar technical
picture remains in play, with bears looking to the Jun 3 low of Y74.97, ahead of
the 61.8% fibo retracement of the YtD range, situated at Y74.49.

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