AUD/USD falls to daily lows after NFP

FXStreet (San Francisco) - The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780.

Currently, AUD/USD is trading at 0.7800, down 0.22% on the day, having posted a daily high at 0.7878 and low at 0.7780. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.

AUD/USD levels

If the pair extends decline beyond 0.7780, it will find next supports at 0.7750 and 0.7730. To the upside, resistances are at 0.7820, 0.7850 and 0.7875.

Feb 6, 2015

Strong non-farm payroll print, huge upward revisions for Dec and Nov

Total non-farm payroll employment rose by 257,000 in January, and the unemployment rate was little changed at 5.7 percent, the US Bureau of Labor Statistics reported today.

USD/JPY rockets higher after strong NFP report

The USD/JPY report shot higher to trade above 118.00 levels after the labor department data in the US showed the economy added another 257K jobs in January, along with the biggest jump in the average hourly earnings since November 2008.