Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
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 - EconoTimes)
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Dollar index trading at 97.40 (-0.17%)
Strength meter (today so far) - Aussie -0.08%, Kiwi -0.26%, Loonie +0.68%.
Strength meter (since last week) - Aussie -0.08%, Kiwi -0.26%, Loonie +0.68%.
AUD/USD -
Trading at 0.741
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Sell
Support -
- Long term - 0.60, Medium term - 0.71, Short term - 0.71-0.715
Resistance -
- Long term - 0.87, Medium term - 0.83, Short term - 0.78, Immediate - 0.75
Economic release today -
- NIL
Commentary -
- Aussie is treading water below 0.75 area. Active call - Sell Aussie with stop around 0.785 and 0.825 to target 0.715, 0.70 and 0.65.
NZD/USD -
Trading at 0.66
Trend meter -
- Long term - Sell, Medium term - Range/sell, Short term - Range/sell
Support -
- Long term - 0.653, Medium term - 0.65, Short term - 0.65
Resistance -
- Long term - 0.883, Medium term - 0.80-0.805, Short term - 0.737-0.74, Immediate - 0.705
Economic release today -
- NIL
Commentary -
- Kiwi might provide larger correction on the upside.
USD/CAD -
Trading at 1.304
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 1.17, Medium term - 1.217, Short term - 1.265
Resistance -
- Long term - 1.32, Medium term - 1.315-1.32, Short term - 1.32
Economic release today -
- NIL
Commentary -
- Canadian Dollar is the best performer today as oil price bounced back strongly enough. Active call - Canadian dollar remains sell against dollar, the pair might reach as high as 1.38.
