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AUD/USD explodes to 0.9200 on NFP

FXstreet.com (Lisbon) - The AUD/USD technical pair capitalized on weak US data to regain the 0.9200 region during US trading Friday.

In the United States, Nonfarm payrolls came in at 169K in August, missing expectations of 180K. In addition, The Unemployment Rate (August) yielded a figure of 7.3%, beating estimates of 7.4%.

AUD/USD technical levels

In these moments, the AUD/USD is now trading at 0.9203, notching a robust advance of +0.91% above its opening. Glancing at the technicals, the AUD/USD is operating at the key 0.9193 resistance, a breach of which will signal the next round of measures at 0.9234 and 0.9258, calculates the Danske Research Team.

USD/CHF briefly drops below 0.9400 after NFP

The USD plummeted across the board after data showed US economy added fewer jobs than expected in August, while previous month figures were downwardly revised, rising doubts whether the Fed is ready to begin tapering its bond purchases later this month.
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EUR/USD back to pre-NFP levels

The EUR/USD has retraced most of its NFP-induced rally and pulled back to pre-data levels as investors continue to assess US employment figures.
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