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FxWirePro: Kiwi trades marginally lower as ANZ business confidence data misses expectations

  • AUD/NZD is currently trading around 1.0433 marks.
     
  • Pair made intraday high at 1.0436 and low at 1.0407 marks.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A sustained close above 1.0422 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0422 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192  marks respectively.
     
  • New Zealand March 2019 business outlook decrease to -38 balance vs previous -30.9 balance.
     
  • New Zealand March 2019 own activity decrease to 6.3 balance vs previous 10.5 balance.
  • Market Data
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