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FxWirePro: Aussie falls in early Asia as retail sales data misses expectations

  • AUD/NZD is currently trading around 1.0816 marks.
     
  • Pair made intraday high at 1.0844 and low at 1.0812 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0877 mark.
     
  • A sustained close above 1.0826 will drag the parity higher towards key resistances around 1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
     
  • Alternatively, a daily close below 1.0826 will take the parity down towards key supports around 1.0798/1.0757/1.0658/1.0572/1.0502  marks respectively.
     
  • Australia's S&P/ASX 200 index down 0.41 pct at 5,816.70 points in early trade.
     
  • Australia Sep 2018 retail sales mm decrease to 0.2 % (forecast 0.3 %) vs previous 0.3 %.
     
  • Australia Q3 2018 PPI qq increase to 0.8 % vs previous 0.3 %.
  • Market Data
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