Investing.com - The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
AUD/USD was trading at 1.0252, up 2.52% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0329, today’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 206K last month, from 130K in the preceding month whose figure was revised up from 110K.
Analysts had expected U.S. non-farm employment change to rise 130K last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.64% to hit 1.3097 and AUD/JPY rising 1.90% to hit 79.41.
AUD/USD was trading at 1.0252, up 2.52% at time of writing.
The pair was likely to find support at 0.9668, Friday’s low, and resistance at 1.0329, today’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 206K last month, from 130K in the preceding month whose figure was revised up from 110K.
Analysts had expected U.S. non-farm employment change to rise 130K last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.64% to hit 1.3097 and AUD/JPY rising 1.90% to hit 79.41.