AUDUSD has jumped to the day’s high of 8460 after much better than expected unemployment numbers. It seems to have had a knock on effect, taking other currency pairs with it. EURJPY higher towards 137.30 from 137.00, USDJPY up to 95.20 and EURUSD up to 1.4430 as the market takes on risk, seen as a sign of economic recovery.
AUDUSD needs to break thru 8470 or at least test the sellers at that level if we are to see 85c+. The 8470 area has proven to be quite a level over the last few days. Immediate support is seen at 8420, then back at 8350/60.
