AUD/USD: The Australian dollar consolidated after domestic data showed new jobs surpassed expectations in March but unemployment ticked up as more people went looking for work. The economy created a total 25,700 new jobs in March, surging past expectations for a rise of 12,000, while the unemployment rate rose to 5.0 percent in March from an eight-year trough of 4.9 percent the previous month as the participation rate climbed to 65.7 percent. The Aussie trades flat at 0.7179, having hit a high of 0.7205 on Wednesday; it’s highest since Feb. 21. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7145 (10-DMA), a break below targets 0.7070 (Mar. 29 Low). On the upside, resistance is located at 0.7235 (Jan. 11 High), a break above could take it near 0.7284 (Feb. 1 High).
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