 Australian Dollar tumbles broadly today as weak employment data solidifies the case for more RBA rate cut ahead. The headline number might be strong but the details are generally weak. The Aussie is also generally pressured by mild risk aversion in Asian markets. For now, Dollar is following Aussie as the second weakest, then Sterling. On the other hand, Yen is the strongest one, followed by Swiss Franc. Technically, today's steep fall in AUD/USD affirms the case that recovery from 0.6864 has completed at 0.7022. And larger decline from 0.7295 is likely resuming. EUR/AUD is on track to 1.6410 projection level first, and then 1.6631 next. AUD/JPY's break of 74.96 support confirms fall resumption from 80.71 for 74.25 near term retracement level. Yen crosses will be worth the watch today. Break of 122.10 minor support in EUR/JPY will indicate completion of corrective recovery from 120.78. Break of 107.81 in USD/JPY and 136.55 in GBP/JPY will indicate resumption of recent declines. In other markets, Nikkei closed down -0.55%. Hong Kong HSI is down -0.82%. China Shanghai SSE is up 0.10%. Singapore Strait Times is down -0.18%. Japan 10-year JGB yield is up 0.0011 at -0.11. Overnight, DOWN dropped -0.17%. S&P 500 dropped -0.20%. NASDAQ dropped -0.38%. 10-year yield dropped -0.013 to 2.127. | 
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