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FX Watch: AUD/JPY and AUD/CAD Resistance Turned Support Zones for Australia’s Jobs Data

Posted on May 14, 2025

Are we about to see a strong upside surprise in Australia’s employment numbers?

Our Event Guide for Australia’s Jobs Report points out that business PMI surveys and job advertisements saw gains in April, possibly yielding a sharper rebound in hiring.

If so, here are the potential support zones on AUD/JPY and AUD/CAD that I’m keeping on my radar!

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