FxWirePro: Aussie strengthens against major peers on robust retail sales data
Friday, January 10, 2020 1:26 AM UTC
- AUD/NZD is currently trading around 1.0378 marks.
- Pair made intraday high at 1.0394 and low at 1.0359 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.0326 marks.
- A sustained close above 1.0367 will drag the parity higher towards key resistances around 1.0455, 1.0526, 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
- Alternatively, a daily close below 1.0326 will take the parity down towards key supports around 1.0264/1.0222/1.0178 marks respectively.
- Australia’s retail sales stands at 0.9 pct vs 0.1 pct previous release (expected 0.4 pct).
- Australia’s AIG services index stands at 48.7 vs 53.7 previous relase.
- Australia’s S&P/ASX 200 was trading 0.68 pct higher at 6,920.55 points.