Despite markets waits specifically for Australian data, being unemployment monthly report, could well be the trigger the Asian session is needing: better than expected data likely to favor risk appetite, and pair should accelerate trough the 1.5010 area, where 20 SMA is giving some resistance for the pair, and attempt a recovery to 1.5060; key support area lies at the lows congestion zone around 1.4940: if the pair lose that level, expect further downside pressure as seen on hourly charts, with 1.4870 and 1.4830 area as next strong support areas to consider.
