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FxWirePro: Aussie trades marginally lower against major peers after retail sales, trade balance data

  • 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.
  • Market Data
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