FxWirePro: Aussie falls in early Asia as retail sales data misses expectations
Friday, November 2, 2018 1:08 AM UTC
- 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 %.