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FxWirePro: Aussie appreciates against major peers on robust NAB business confidence data

AUD/NZD is currently trading around 1.0772 marks. Pair made intraday high at 1.0777 and low at 1.0738 marks. Intraday bias remains bullish till the time pair holds key support at 1.0693 marks. A daily close below 1.0747 …

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FxWirePro: Aussie appreciates against major peers on robust NAB business confidence data
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  • AUD/NZD is currently trading around 1.0772 marks.
     
  • Pair made intraday high at 1.0777 and low at 1.0738 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0693 marks.  
     
  • A daily close below 1.0747 will take the parity down towards key supports around 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0747 will drag the parity higher towards key resistances at 1.0845/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia July NAB business confidence increase to 12 vs previous 9.
     
  • Australia July NAB business condition stays flat at 15 vs previous 15.

     

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