Last month's Aussie High/Low on unemployment data sits at 0.946 - 0.93696. Watch for price action at these levels.
Since March, the price rally has seen little support, the most recent at 0.92197 but it was mostly a touch and go, which indicates to me that price is moving up simply to pick up some orders sitting above.
I think that the rally might not be able to break 0.945 - 0.95 levels unless a firm support is established.
Abt. Bullish... The way I set it up is:
Actual > Forecast (job nos.)
Unemp. Rate better than expected and better than prev. month
Upward prev. revisions.
From today's release, unemp. rate remained unchanged, so there was only an upward revision and actual > forecast.
In comparison NFP met all 3 criteria, hence the view on calling today's data neutral.
And if you notice, I missed "one very obvious point". Look how price was picked up at low of 04/04 NFP low (0.9222).