FxWirePro: Aussie rises against major peers on robust retail sales, trade balance data
Wednesday, April 3, 2019 1:20 AM UTC
- AUD/NZD is currently trading around 1.0485 marks.
- Pair made intraday high at 1.0489 and low at 1.0449 marks.
- Intraday bias remains bullish for the moment.
- A sustained close above 1.0463 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
- Alternatively, a daily close below 1.0463 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
- Australia Feb 2019 retail sales mm increase to 0.8 % (forecast 0.2 %) vs previous 0.1 %.
- Australia Feb 2019 trade balance g&s (A$) increase to 4801 aud (forecast 3800 aud) vs previous 4549 aud.
- Australia's S&P/ASX 200 index up 0.55 pct at 6,276.90 points in early trade.