FxWirePro: Aussie depreciates against major peers as private capital expenditure data misses expectations
AUD/NZD is currently trading around 1.0532 marks. Pair made intraday high at 1.0559 and low at 1.0526 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.06 marks. A sustained close above 1.…
Pair made intraday high at 1.0559 and low at 1.0526 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.06 marks.
A sustained close above 1.0554 will drag the parity higher towards key resistances around 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
Alternatively, a daily close below 1.0554 will take the parity down towards key supports around 1.0465/1.0407/1.0339 marks respectively.
Aussie private capital expenditure q/q stands at -0.2 pct vs -0.6 pct previous release (expected 0.0).
Kiwi ANZ business confidence stands at -26.4 pct vs -42.4 pct previous release.
