FxWirePro: Aussie rises on robust trade balance data
Thursday, November 1, 2018 1:30 AM UTC
- AUD/NZD is currently trading around 1.0872 marks.
- Pair made intraday high at 1.0878 and low at 1.0843 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0798 mark.
- A sustained close above 1.0852 will drag the parity higher towards key resistances around 1.0895/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
- Alternatively, a daily close below 1.0852 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 up 0.28 pct at 5,846.60 points in early trade.
- Australia Sep 2018 trade balance G&S (A$) increase to 3017 aud (forecast 1700 aud) vs previous 1604 aud.
- Australia Oct 2018 AIG manufacturing index decrease to 58.3 vs previous 59.