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FXStreet (Bali) - AUD/JPY is selling-off following a disappointing Australian jobs report, which saw a significant miss in employment change and the jobless rate surge from 6% to 6.4%.

The pair is now testing bids near the 95.00 handle, where some solid buying interest should emerge, with the area 95.05-94.93 representing an important demand imbalance a per the origin of the rally from July 18th.

While on the upside any recovery should seen 94.40-50 capping the correction, a clean breakout of 94.93 could accelerate the decline towards next demand 94.40-60.

AUD/USD dumps on disappointment in jobs

Currently, post key events, AUD/USD is trading at 0.9313, down -0.43% on the day, having posted a daily high at 0.9360 and low at 0.9309.
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AUD/NZD taking a "temporary" hit onto 1.09 handle?

AUD/NZD is trading at 1.0986, down -0.40% on the day, having posted a daily high at 1.1049 and low at 1.0987.
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