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AUD picks up a bid on the back of stronger...>

AUSSIE
AUSSIE: AUD picks up a bid on the back of stronger than projected domestic jobs
data. The unemployment rate unexpectedly ticked lower to 5.2% amid a larger than
expected surge in employment (driven mostly by part-time jobs addition).
Participation stayed unch. at 66.0%, prior employment figures were revised
lower.
- AUD/USD sits +20 pips at $0.6874 after topping out at $0.6881. Bulls still
keep an eye on the 200-DMA at $0.6906.
- AUD/NZD last seen at NZ$1.0437, 36 pips better off. It had a look above
yesterday's high of NZ$1.0441. Bulls look for a clean break above the level,
followed by a rally towards the Dec 13 peak at NZ$1.0487.
- AUD/JPY trades 18 pips higher at Y75.26. Bulls look for further gains towards
the Y76.00 mark, which capped the Dec 13 rally. Bears would be pleased by a
retreat below the 200-DMA at Y75.13, which would bring the Y74.41 50-DMA into
play.

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