FxWirePro: Aussie appreciates against major peers on robust AIG manufacturing index
AUD/NZD is currently trading around 1.0680 marks. Pair made intraday high at 1.0681 and low at 1.0647 marks. Intraday bias remains bullish till the time pair holds key support at 1.0648 marks. A daily close below 1.0648 …
Pair made intraday high at 1.0681 and low at 1.0647 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0648 marks.
A daily close below 1.0648 will take the parity down towards key supports around 1.0525, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
On the other side, a sustained close above 1.0648 will drag the parity higher towards key resistances at 1.0702/1.0754/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
Australia July AIG manufacturing index increase to 56.0 vs previous 55.0.
Australia CBA markit purchasing managers' index dips to 54.4 in July, from 56.2 in June.
Australia's S&P/ASX 200 index up 0.06 pct at 5,724.00 points in early trade.
