FxWirePro: Aussie trades marginally lower against major peers after retail sales, trade balance data
Thursday, December 6, 2018 1:17 AM UTC
- AUD/NZD is currently trading around 1.0523 marks.
- Pair made intraday high at 1.0543 and low at 1.0516 marks.
- Intraday bias remains neutral till the time pair holds key support at 1.0515 mark.
- A sustained close above 1.0535 will drag the parity higher towards key resistances around 1.0596/1.0648/1.0712/1.0877/1.0955 levels respectively.
- Alternatively, a daily close below 1.0535 will take the parity down towards key supports around 1.0488/1.0432/1.0333/1.0237 marks respectively.
- Australia Oct 2018 retail sales mm increase to 0.3 % (forecast 0.2 %) vs previous 0.2 %.
- Australia Oct 2018 trade balance g&s (a$) decrease to 2316 aud (fcast 3200 aud) vs previous 3017 aud.
- Australia's S&P/ASX 200 index down 0.31 pct at 5,651.10 points in early trade.