AUD/USD ends the day up on the Dollar, back up near 0.7900

• AUD/USD finds a bump from NZ jobs data.
• RBA policy statement Friday.

AUD/USD got a bump at the end of the New York session when the Aussie's closest relative, NZD, jumped following positive jobs data. The boost gave AUD/USD the foothold it needed to end the day testing the major 0.7900 handle heading into overnight markets. The Aussie has slid the past two weeks as commodities and other risk assets feel the crunch of a market recently turned risk-off, with equities tumbling and traders piling into safer asset classes.

Australia has the AiG Performance of Construction Index report coming up shortly at 22:30 GMT which will give insight into the health of short- and medium-term construction projects within the continent, while the RBA's Governor Lowe will be giving a speech on Thursday ahead of the RBA's Monetary Policy Statement on Friday. AUD/USD can also expect further knock-on volatility as NZ has their own Interest Rate Decision Wednesday at 20:00, followed by an RBNZ press conference at 21:00.

AUD/USD Technicals

Swing support/resistance has priced in at 0.7895 and 0.7909 respectively, while Daily charts will have long-term traders looking for buying opportunities, with price having retraced into the 34 EMA at 0.7906 but still well above the 200-day SMA currently sitting at 0.7747.

Today's pivot points:
R2: 0.7957
R1: 0.7931
PP: 0.7883
S1: 0.7857
S2: 0.7809