Flash: AUD/USD received another shot in the arm – OCBC

FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank, suggests that the AUD/USD received another shot in the arm after the September labor market numbers demonstrated an improvement despite the headline numbers underperforming slightly.

Key Quotes

“In the near term, we remain inherently in favor of further upside headroom for the pair given the improving global macro climate. Resistance after 0.9500 is expected towards 0.9530 while support is expected towards 0.9400 and then 0.9360.”