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The strong Aussie labour market supported....>

AUSSIE
AUSSIE: The strong Aussie labour market supported overnight, a beat on the
headline number and participation rate squeezed AUDUSD back above $0.7400 to
$0.7441. Light profit take sales emerged off the high, downside momentum
continued into Europe, however AUD still remains top of the G10 pile with gains
of 0.20%, last $0.7413. AUD crosses also witnessed decent gains across the
board. AUDNZD encountered support from the 200-dma (NZ$1.0864) yesterday, rate
spiked on the jobs release to NZ$1.0945. Resistance is expected around the
NZ$1.0990/00 double top area. AUDJPY lifted to Y83.92 but has since pared half
its gains, while EURAUD touched pullback lows of A$1.5658.  

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