FxWirePro: Aussie falls against kiwi after HPI, NAB business confidence data
AUD/NZD is currently trading around 1.0410 marks. Pair made intraday high at 1.0431 and low at 1.0408 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0450 marks. A sustained close above …
Pair made intraday high at 1.0431 and low at 1.0408 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0450 marks.
A sustained close above 1.0526 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 1.0419 will take the parity down towards key supports around 1.0339/1.0264/1.0222 marks respectively.
Australia’s HPI stands at 2.4 vs -0.7 previous release (expected 0.5).
Australia’s NAB business confidence stands at 0 vs 2 previous release.
Australia’s S&P/ASX 200 was trading 0.23 pct lower at 6,714.40 points.
