FxWirePro: Aussie rises against kiwi on robust building approval data
Wednesday, April 1, 2020 2:49 AM UTC
- AUD/NZD is currently trading around 1.0297 marks.
- Pair made intraday high at 1.0321 and low at 1.0278 marks.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 1.0286 will drag the parity higher towards key resistances around 1.0341, 1.0532, 1.06, 1.0654 and 1.0743 mark respectively.
- Alternatively, a daily close below 1.0286 will drag the parity lower towards key supports around 1.0197/1.0052/0.9950/0.9824/0.97 marks respectively.
- Australia’s building approval stands at 19.9 pct vs -15.1 pct previous release (expected 3.1).
- Australia’s S&P/ASX200 was trading 3.46 pct higher at 5,253.30 points.