FXstreet.com (Barcelona) - The Aussie dollar bounced to levels above the key resistance at 1.0400 on Friday, after US Non-farm Payrolls came in softer than expectations. The US economy added 157K jobs during January, below 160K forecasted and December’s 196K (revised from 155K), while the jobless rate ticked higher to 7.9% from 7.8%.
At the moment, the cross is down 0.04% at 1.0419 facing the next support at 1.0384 (Lower Bollinger) and 1.0361 (low Dec.28).
On the flip side, a breakout of 1.0452 (cloud top) would aim for 1.0464 (MA10d).
At the moment, the cross is down 0.04% at 1.0419 facing the next support at 1.0384 (Lower Bollinger) and 1.0361 (low Dec.28).
On the flip side, a breakout of 1.0452 (cloud top) would aim for 1.0464 (MA10d).
