FxWirePro: Aussie trades marginally lower as AIG services index, building approvals data miss expectations
Wednesday, January 9, 2019 1:22 AM UTC
- AUD/NZD is currently trading around 1.0606 marks.
- Pair made intraday high at 1.0637 and low at 1.0596 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0637 mark.
- A sustained close above 1.0637 will drag the parity higher towards key resistances around 1.0712/1.0877/1.0955 levels respectively.
- Alternatively, a daily close below 1.0637 will take the parity down towards key supports around 1.0563/1.0481/1.0432/1.0333/1.0237 marks respectively.
- Australia Nov 2018 building approvals decrease to -9.1 % (forecast -0.5 %) vs previous -1.5 %.
- Australia Dec 2018 AIG services index decrease to 52.1 vs previous 55.1.
- Australia's S&P/ASX 200 index up 0.43 pct at 5,747.10 points in early trade.